5571 SW 40th Avenue, Dania Beach, FL 33314

$1,480,000
4
BD
2
BA
1,937
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,480,000
Status
ACTIVE
Days on Market
19
MLS#
A12077459
Subtype
Residential
Year Built
1956
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,937
Acres
1.03
Subdivision
Newmans Survey
Neighborhood
FDAV - Davie (3780-3790;3880),
MLS Area Major
3070

Property Description

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, Florida’s 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.

Additional Information

Amenities
Recreation Facilities
Interior Features
Main Level Primary
Taxes
$11,870
Flooring
Concrete
Appliances
Refrigerator
Heating
Other
Air Conditioning
Central Air
Exterior Construction
Brick Veneer
Stories
1
Levels
One
Roof
Shingle
Parking Features
Driveway
Elementary School
Stirling
Middle School
Attucks
High School
Hollywood Hills
View
Garden

Listing courtesy of Compass Florida, LLC. Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.


Agent: Liz A Hogan | Email: liz@listingmiami.com