Contract Pending

Land•Residential•For Sale

815-825 NE 5th Ter

815-825 NE 5th Terr, Fort Lauderdale, FL 33304

Sale Price $3,700,000 ($99.93 /SqFt)
Sale Type Investment
Status Under Contract
Land Area .85 Acres
• 37,125 Square feet (.85 acres) • Zoned RAC-UV Regional Activity Center Urban Village which allows a mix of multifamily, office and retail uses in a high density urban configuration • Up to 150 foot height limit with a maximum plot coverage of 90% • Site is ready to build with utilities to lot lines • Preliminary design work allowed for 100 apartment units with structured parking in an 8 story configuration • Immediate area undergoing massive redevelopment of residential, retail and hotel uses • Additional property may be acquired nearby for larger scale assemblage. Directly abuts Searstown redevelopment • Asking price is $3.7 million ( $100 per foot)
  • 37,125 Square feet (.85 acres)
  • Zoned RAC-UV Regional Activity Center Urban Village which allows a mix of multifamily, office and retail uses in a high density urban configuration
  • Up to 150 foot height limit with a maximum plot coverage of 90%
  • Site is ready to build with utilities to lot lines
  • Preliminary design work allowed for 100 apartment units with structured parking in an 8 story configuration
  • Immediate area undergoing massive redevelopment of residential, retail and hotel uses
  • Additional property may be acquired nearby for larger scale assemblage. Directly abuts Searstown redevelopment
  • Asking price is $3.7 million ( $100 per foot)

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3/21/2018 12:00:00 AM 3/27/2018 9:51:05 PM

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