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Sold for $1,625,000
  • $1,625,000

    37 Nw Ter, Fort Lauderdale, FL 33311

    --beds
    --baths
    2.56Acres
    Unimproved Land
    Built in ----
    2.56 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,846 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,846/mo

    Zestimate® history
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    What's special

    Back in the Market! This is an incredible opportunity to invest in a prime piece of land located in an opportunity zone with endless potential with RM25 zoning designation allowing for 64 units! With plans to build 63 units, this 2.56 acre property is a developer's dream come true. Not only is the land in a highly sought-after location within walking distance of popular amenities such as Walmart Super Center, Central Broward Park, Lauderhill Mall, and Lauderhill performing art center, but it also comes with an appraisal in hand for $1,700,000 - $100,000 more than the listing price! This property is the perfect investment for anyone looking to capitalize on the growing demand for housing in this area. With an opportunity zone designation, investors can take advantage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Argenis Galez 786-488-4555,

    LoKation,

    Tamer Altillawi 786-303-4513,

    LoKation

    Bought with:

    Argenis Galez, 3225616

    LoKation

    Source: MIAMI,MLS#: A11357979MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front
    • Frontage length: 615
    Lot
    • Size: 2.56 Acres
    • Features: City Lot, Near Airport, Near Business Park, Near School, 2 To Less Than 3 Acre Lot, No Misc/Improvements
    • Residential vegetation: No Trees
    Details
    • Additional structures: None
    • Parcel number: 494230380010
    • Zoning: RM-25

    Utilities & green energy

    • Water: Municipal Water
    • Utilities for property: Cable Available, Electricity Available, Other, Water Available

    Community & HOA

    Community
    • Subdivision: Casa Lake
    HOA
    • Has HOA: No
    Location
    • Region: Fort Lauderdale

    Financial & listing details

    • Annual tax amount: $18,931
    • Date on market: 3/16/2023
    • Listing terms: All Cash,Cash,Conventional,Cryptocurrency,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2023Sold$1,625,000+1.6%
    Source: MIAMI #A11357979 Report a problem
    6/22/2023Contingent$1,600,000
    Source: MIAMI #A11357979 Report a problem
    6/7/2023Listed for sale$1,600,000
    Source: MIAMI #A11357979 Report a problem
    5/31/2023Contingent$1,600,000
    Source: MIAMI #A11357979 Report a problem
    3/16/2023Listed for sale$1,600,000
    Source: MIAMI #A11357979 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Roosevelt Gardens

    Nearby schools

    GreatSchools rating