$1,099,000
$100K PRICE DROP

Estimated payment $6,616/month

Total Views 2,599
0.31 Acre
$3,545,161 Price per Acre
13,504 Sq Ft Lot

Highlights

  • 0.31 Acre Lot
  • Partially Wooded Lot
  • Fenced
  • Fort Lauderdale High School Rated A
  • No HOA
  • 4-minute walk to Seminary Tot Lot

About This Lot

Fantastic corner lot, in a Certified Opportunity Zone, in the Progresso Village neighborhood of Fort Lauderdale, with a pending DRC approval for a modern, 7-unit apartment building with parking. (4) 3-bedroom units, (1) 2-bedroom units, and (2) 1-bedroom units with 14 parking space lot. Plans available to share - please inquire. Architectural plans, landscape plans, and civil plans are completed and included in the sale. Owner is a licensed GC and is willing to build this for an investor after the sale. DRC Approval anticipated within 60 days. Buyer to be responsible for final building permits. AirBnB/Short Term may be a great play for these units as well to maximize income. Located off of Sunrise Blvd, near a new Wawa, Flagler Village, Las Olas, and downtown Fort Lauderdale.

Listing Agent

Richard Shapiro

Tesla Realty Group, LLC License #3493114

Tesla Realty Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,782

Year Built

  • 1954

Lot Details

  • 0.31 Acre Lot
  • South Facing Home
  • Fenced
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned RMM-25

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association
  • Progresso Condos
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234055610

Property Details

Property Type

Land

Est. Annual Taxes

$5,782

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.31
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: Progresso
  • Special Features: VirtualTour
  • Year Built: 1954

Exterior Features

  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Build To Suit, Curb, Fenced, Sidewalk, Street Lights
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Progresso

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494234055610
  • Additional Parcels: No
  • Current Use: Multi-Family, Unused
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 13500
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5782

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,350 $337,500 $337,500 --
2024 $5,782 $337,500 $337,500 --
2023 $5,782 $297,000 $297,000 $0
2022 $3,060 $99,070 $0 $0
2021 $2,311 $90,070 $0 $0
2020 $2,032 $135,000 $135,000 $0
2019 $4,940 $286,260 $74,250 $212,010
2018 $4,103 $220,530 $74,250 $146,280
2017 $3,736 $188,340 $0 $0
2016 $2,802 $122,370 $0 $0
2015 $2,436 $111,250 $0 $0
2014 $2,245 $101,140 $0 $0
2013 -- $96,270 $40,500 $55,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Price Changed $1,099,000 -8.3% --
09/01/2024 09/01/24 For Sale $1,199,000 0.0% --
08/26/2024 08/26/24 Off Market $1,199,000 -- --
07/31/2024 07/31/24 For Sale $1,199,000 +124.1% --
08/04/2022 08/04/22 Sold $535,000 -2.7% $562 / Sq Ft
05/27/2022 05/27/22 For Sale $550,000 0.0% $578 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $550,000 -- $578 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed -- New Title Company Name
Warranty Deed -- Attorney
Personal Reps Deed $140,000 None Available
Deed -- --
Warranty Deed $28,929 --
Source: Public Records

Similar Properties in the area

  • 1795 NW 8th Ave, Fort Lauderdale, FL 33311

    $850,000

    • Land
    • 0.32 Acre
    • $2,656,250 per Acre
    • 1795 NW 8th Ave
    • Fort Lauderdale, FL

    Exceptional Development OpportunityThis 14,248 sq ft parking lot located at 1795 NW 8th Ave, Fort Lauderdale is a rare chance for investors, developers, or business owners to capitalize on a prime piece of land in a high-growth area. Situated minutes from Downtown Fort Lauderdale, the thriving Sistrunk district, and major highways, this property offers unmatched potential for

    Sheikera Coutain Julies Realty, LLC

    Section Image
  • 806-808 Tequesta St, Fort Lauderdale, FL 33312

    $775,000

    • Land
    • 0.32 Acre
    • $2,421,875 per Acre
    • 806-808 Tequesta St
    • Fort Lauderdale, FL

    Rare investment opportunity in the vibrant downtown Sailboat Bend area! This exceptional offering includes two prime parcels with endless potential for both savvy investors and future end user. Located just steps from renowned restaurants, the Riverfront, Las Olas Boulevard, and Cooley Landing Boat Ramp, this property is perfectly positioned to take advantage of the downtown development boom. The

    Richard Rosa Luxe Realty Group LLC

    Section Image
  • 741 NE 19th Ave, Fort Lauderdale, FL 33304

    $1,200,000

    • Land
    • 0.29 Acre
    • $4,137,931 per Acre
    • 741 NE 19th Ave
    • Fort Lauderdale, FL

    Bring all offers! Lot to be Cleared in the Next 2 weeks (around May 1st, 2025). Rare opportunity to develop your dream home on one of the few oversized lots (12,991sf) in Victoria Park! Seller has poured a white concrete wall around the perimeter of the property for added privacy AND poured a band new pool with spa and sun shelf! Facing east, this 'T lot' spans 98ft wide and 132.8ft deep.

    Lauren Dekok The Keyes Company

    Section Image
  • 808 SW 8th Terrace, Fort Lauderdale, FL 33315

    $999,000

    • Land
    • 0.25 Acre
    • $3,996,000 per Acre
    • 808 SW 8th Terrace
    • Fort Lauderdale, FL

    Exquisite 11,210 sq ft lot Canal Front Property in Tarpon River. Here's your chance to seize a prime piece of real estate in the vibrant Tarpon River area. This property presents an opportunity for a complete rebuild or a thorough renovation of the existing home. Situated conveniently on the south bank of the New River, this location offers a walkable environment with easy access to the

    Susie Foreman LoKation

    Section Image
  • 733-795 NW 27th Ave, Oakland Park, FL 33311

    $958,750

    • Land
    • 0.33 Acre
    • $2,905,303 per Acre
    • 733-795 NW 27th Ave
    • Oakland Park, FL

    SIX FIGURES BELOW MARKET! One of the last corner lots on rapidly developing NW 27 Ave, buildable for 24 residential units. Active comps: $60k-$86k/unit for land; recently sold comps: $42k(disqualified)-$82.5k/unit for land. Subject property under $40k/unit. Construction cost: $3.5M+/-; total cost: Under $4.5M; projected value: $7M+: $2.5M+ INSTANT EQUITY. Nearby rents: 1 beds $1.6k-$2.1k:

    Michael Sheer United Realty Group Inc.

    Section Image
  • 733-795 NW 27th Ave, Oakland Park, FL 33311

    $958,750

    • Land
    • 0.33 Acre
    • $2,905,303 per Acre
    • 733-795 NW 27th Ave
    • Oakland Park, FL

    SIX FIGURES BELOW MARKET! One of the last corner lots on rapidly developing NW 27 Ave, buildable for 24 residential units. Active comps: $60k-$86k/unit for land; recently sold comps: $42k(disqualified)-$82.5k/unit for land. Subject property under $40k/unit. Construction cost: $3.5M+/-; total cost: Under $4.5M; projected value: $7M+: $2.5M+ INSTANT EQUITY. Nearby rents: 1 beds $1.6k-$2.1k:

    Michael Sheer United Realty Group Inc.

    Section Image
  • 836 SW 18th Ct, Fort Lauderdale, FL 33315

    $899,000

    • Land
    • 0.33 Acre
    • $2,724,242 per Acre
    • 836 SW 18th Ct
    • Fort Lauderdale, FL

    Rare Development Opportunity in Croissant Park, Fort Lauderdale! Spanning an oversized 14,257 sq ft lot (approximately 0.33 acres) with 153 ft of frontage and 78 ft of depth, this double lot is a true gem for builders and investors. Zoned RS-8 and dividable, it's ideal for developing two single-family homes or building a spacious custom estate. A remodeled 1,500 sq ft home currently sits on the

    Jennifer Abbott One Sotheby's Int'l Realty

    Section Image
  • 4497 SW 34th Terrace, Fort Lauderdale, FL 33312

    $750,000

    • Land
    • 0.26 Acre
    • $2,884,615 per Acre
    • 4497 SW 34th Terrace
    • Fort Lauderdale, FL

    Vacant Lot for Sale with Future Development Plans!The lot is offered with architectural plans for a single-family home. Plans include a 4-bedroom, 3.5-bathroom residence featuring an open-concept layout, gourmet kitchen, spacious master suite, and outdoor living area with a pool and BBQ space. Conveniently located near major highways, top-rated schools, shopping, dining, and

    Mariam Mkrtchyan Sync Brokerage Inc

    Section Image
  • 5850 SW 37th Ave, Fort Lauderdale, FL 33312

    $1,199,000

    • Land
    • 0.35 Acre
    • $3,425,714 per Acre
    • 5850 SW 37th Ave
    • Fort Lauderdale, FL

    Opportunity awaits! A magical nature inspired street. As soon as you drive into this street, you feel like you are in a nature reserve. Grown out trees that provide just the right amount of shade. The land is situated at the end of the street, which adds privacy. A great neighborhood with lots of charm. Come and see it!

    Michael Krimus Gold Palm Realty

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11623250

MIAMI REALTORS® MLS

APN: 49-42-34-05-5610