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2681 SW 7th St, Fort Lauderdale, FL – $159,900

  • $159,900 Price
  • ¼ Acres
  • 35 DOM
  • $159,900 Price
  • ¼ Acres
  • 35 DOM

2681 SW 7th St

Builders Dream! Money in this land! Here you have an opportunity to build a 5plex or more! Several options of building! Opportunity is knocking! Build 5 units on this lot or order a severance and build higher! If you build 5 Units. Average Rent is $1.245 Per unit. 5 X $1,245 = $6225. Base on the 10% rule the property is valued at $622,500!! NOT Including equity from the area! Buy lot for $159,900, build for $200,000 = $365,000!! Instant Equity of over $265,000!!! One can argue that the property value will be worth over $800,000 based on cap rate and area. Up to buyer and buyers agent to do your own diligence. Survey and soil test attached.

Essential Information

  • MLS® #F10149394
  • Price$159,900
  • Bathrooms0.00
  • Acres0.25
  • TypeResidential Land/Boat Docks
  • Sub-TypeOther
  • StatusActive-Available

Community Information

  • Address2681 SW 7th St
  • Area3570
  • SubdivisionLAST CHANCE VILLAGE
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33312

Additional Information

  • Days on Market35
  • ZoningRm25

Listing Details

  • OfficeBank On It Realty
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Price Change History for 2681 SW 7th St, Fort Lauderdale, FL (MLS® #F10149394)

Date Details Change
Status Changed from Active to Active-Available
Status Changed from Active-Available to Active

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