1316 Nw 6th St, Fort Lauderdale, FL 33311

$2,000,000

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List Price
$2,000,000
MLS#
A12110186
Status
ACTIVE
Type
Commercial

Property Description

Fully entitled, two-phase development on the Sistrunk corridor, one of Fort Lauderdale's fastest-transforming submarkets. Approved plans for thirty-nine (39) units in two six-story buildings on four folios totaling 23,215 SF (0.533 acres), zoned commercial/mixed-use. PHASE I (1316 NW 6th St): six stories, thirty (30) 2BR/2BA units of approx. 930 SF each, plus 33 parking spaces. Civil/horizontal permits approved. PHASE II (1325 NW 6th St): six-story structure with sixty (60) structured parking spaces plus nine (9) rooftop apartments. Established YMCA/Mizell Community Center is an existing parking tenant. Significant new multifamily and public investment surrounds the site. Ideal for developers and investors seeking an entitled, mixed-income multifamily play with income-producing structured parking. Plans and project financials available upon request with NDA.

Additional Information

Days on Market
1
Tax Amount
$2,610
Parcel Number
504204060570
Lot Size
4,076
Address
1316 Nw 6th St, Fort Lauderdale
Development Name
First Add To Tuskegee Par
Development
First Add To Tuskegee Par
Section
4

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Listing Courtesy of Omega Realty Partners, Contact: