Prime Development Opportunity In Thriving River Corridor

THE SITE: Two contiguous parcels (Folios [hidden information] and [hidden information]) totaling twelve thousand five hundred square feet in Fort Lauderdale’s New River South corridor. One hundred feet wide and one hundred twenty-five feet deep across two contiguous lots. Rear alley may provide vehicle access, subject to pre-development review with City transportation engineer. THE ZONING: RAC-SMU (Regional Activity Center-Southwest Mixed Use) is one of Fort Lauderdale’s most flexible designations. The property’s RAC Future Land Use designation may provide eligibility under Florida’s Live Local Act (Senate Bill 102)—buyers and their counsel are encouraged to inquire directly with the City. THE INCOME: Two existing duplexes generate seven thousand two hundred dollars per month in rental income—three thousand eight hundred dollars from six hundred thirty-four Southwest Fourth Avenue and three thousand four hundred dollars from six hundred thirty-eight Southwest Fourth Avenue. Existing tenancies provide cash flow during the permitting and pre-construction period—a real advantage over vacant land. THE MARKET: New construction townhomes in the Tarpon River / New River South corridor are actively trading between eight hundred seventy-five thousand dollars and one million one hundred thousand dollars plus. Double-digit year-over-year price appreciation. Strong demand from both end-users and developers. Contact the listing agent directly. Inquire about Live Local Act eligibility. Minutes to Las Olas, Interstate Ninety-Five, Fort Lauderdale–Hollywood International Airport, and beaches. Sold as-is.