Rare 1.03-acre development opportunity in a prime, centrally located South Florida corridor. This expansive 44,867 SF property is surrounded by mature oak trees, creating a unique natural setting rarely found this close to the city.Ideally positioned near I-95, I-595, Floridas Turnpike and Fort Lauderdale-Hollywood International Airport, and just minutes from the iconic Seminole Hard Rock Hotel & Casino and Guitar Hotel. The property is also located near Oaks Place, a newer gated townhome community on SW 40th Ave, highlighting the residential growth already underway in the immediate area.The site offers attractive redevelopment potential, including the possibility of subdividing for multiple single-family homes under its current residential zoning. City records have also previously contemplated a higher-density residential concept of approximately 13?14 townhomes, subject to rezoning, site plan approval and other required governmental approvals.An exceptional opportunity for a developer, builder or investor seeking over an acre of land in a rapidly evolving location between Fort Lauderdale and Miami. Buyer to independently verify zoning, density, subdivision requirements and permitted uses with the City of Dania Beach.
Listed By
Agency Name: Compass Florida, LLC
Agency Phone: 305-851-2820
Shown By
Agent Name: Beverly Schocket
Agent Phone: Cell: (954) 610-8202
Agency Title: Realty 100
Estimated Payment
$ 4,714.67 per month $3,293.84 Principal & Interest $989.17 Property Tax $431.67 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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5571 SW 40th Ave | MLS# A12077459
This single family home located at 5571 SW 40th Ave , Dania Beach, FL 33314 is currently listed for sale with an asking price of $1,480,000. This property was built in 1956 and has 4 bedrooms and 2 full baths with 1937 sq. ft. SW 40th Ave is located in the NEWMANS SURVEY subdivision. Search NEWMANS SURVEY real estate on bschocket.realty100.com today.