For Sale
$2,750,000

114 25Th St Fort Lauderdale, FL 33311

Prime 40K sq ft lot, 8 units, high potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 40,196 square foot lot at 114 NW 25th Street, Fort Lauderdale, Florida, presents a unique redevelopment opportunity in the desirable Wilton Manors neighborhood. Currently improved with eight income-producing units, this property offers immediate cash flow while development plans are underway. The existing structure was built in 1941. Zoned RM-16, the site allows for significant development potential, with permitted uses including up to 18 townhomes or a multi-family building with up to 62 units. The property's central location provides easy access to Wilton Drive's vibrant restaurants and nightlife, downtown Fort Lauderdale, major highways, and the beach. This assemblage offers a rare chance to capitalize on the strong demand for residential properties in this thriving area. The asking price is $2,750,000. The property is 100% occupied, providing a stable income stream. This is an ideal investment for developers seeking a prime location with substantial upside potential. The property's address is 114 NW 25th Street, Fort Lauderdale, FL 33311. The lot size is 40,196 square feet.

Highlights

  • $2,750,000 asking price.
  • Special purpose property with 8 units.
  • Built in 1941.
  • RM-16 zoning.
  • 40,196 sq ft lot.
  • 100% occupied.

Property Details for 114 25Th St

Property type
Specialty properties
Year Built
1941
Units
8

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1584356
Longitude
-80.1469051

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FAQs

What type of property is this?
Specialty property - Prime 40K sq ft lot, 8 units, high potential.
Where is the specialty property located?
The property is located at 114 25Th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: $2,750,000 asking price.; Special purpose property with 8 units.; Built in 1941.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

ELI HALALI
ELI HALALI

Learn more

Useful Information

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25Th St
Fort Lauderdale, FL 33311

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25Th St
Fort Lauderdale, FL 33311

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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114 25Th St
  • ELI HALALI
    ELI HALALI
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