Basic Information

  • MLS # A11793354
  • Type Residential
  • Status Active
  • Subdivision/Complex Progresso
  • Total Sqft 6,502
  • Date Listed 04/30/2025
  • Days on Market 8
Description

This is an exceptional opportunity to acquire a prime piece of land, perfectly situated just north of the highly sought-after Victoria Park area. With the potential to develop two luxury townhomes that are projected to sell between $2.5M-$3M ($1.25M-$1.5M/each). With increasing demand for modern, high-end townhomes in this coveted area, this is a rare chance eto create stunning residences that will appeal to discerning buyers. THE PROPERTY WAS JUST APPRAISED in late December for $700,000. Plans are 85% completed. The entire $32,500 balance to the architect has been paid in full and will be transferred over to the buyer along with all soil reports, arborist reports, engineer reports, etc. All of the pre-development costs have already been absorbed by the seller and will transfer to buyer.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Residential

Interior Features

  • Adjusted Sqft 6,502Sq.Ft
  • Sqft 6,502 Sq.Ft

Property Features

  • Address 1120 NE 15th Ave
  • Aprox. Lot Size 6,502
  • City Fort Lauderdale
  • County Broward
  • Direction Faces West
  • Furnished Info no
  • Listing Terms Cash
  • Possession Closing And Funding
  • Postal City Fort Lauderdale
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Progresso
  • Tax Amount $2,498
  • Tax Legal desc P R O G R E S S O2-18 D L O T18 L E S S W5 F O R R D B L K156
  • Tax Year 2024
  • Terms Considered Cash
  • Type of Property Residential

1120 NE 15th Ave

Fort Lauderdale, FL 33304

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BrokerNation Real Estate. tel: 305-602-4410

Real Estate IDX Powered by: TREMGROUP