Rare investment opportunity with architectural renderings and city pre-approvals for a luxury 4-townhome development in the rapidly growing downtown Oakland Park district, where over $400M is being invested in new development. Approximately $70K has been invested in architectural plans, along with additional investment toward city approvals—saving a developer significant time and upfront costs. Ideally located with excellent walkability to restaurants, breweries, parks, and shopping, and less than 1 mile to Wilton Manors and just 2 miles to Fort Lauderdale beaches. Property is currently income-producing with tenants in place, offering holding income while planning development. A must-see opportunity in one of South Florida's fastest-growing urban cores with strong upside potential. Please use Google Maps / Topographical Survey and Elevation Certificate available in documents. Architectural renderings available upon request.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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