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Land For Sale • 0.32 AC
Approved plans for a 4-story building featuring 21 spacious one-bedroom apartments (nearly 1,000 sqft each) with modern designs, private terraces, ADA compliance, and a sundeck. Includes ground-level parking with all required spaces (structured parking not required). Conveniently located just minutes from Young Circle, beaches, and within walking distance to the Brightline train stop, this site offers unparalleled potential. A rare chance to develop a premium multifamily project in a thriving location!
| Approved plans for a 4-story building featuring 21 spacious one-bedroom apartments (nearly 1,000 sqft each) |
| Minutes away from Young Circle, Shopping, Dining and beaches |
| Structured Parking not required- making development cost more affordable (23 parking spaces) |
| Proforma rents of $2500 per unit, NOI of $483K Annually |
| Total Expenses: | $183,960 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 3 min | - | 1.5 mi |
| Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 4 min | - | 1.8 mi |
| Airport | Drive | Walk | Distance |
| Fort Lauderdale/Hollywood International | 11 min | - | 5.3 mi |
| Miami International | 41 min | - | 24.5 mi |
Elior Levi
Fausto Commercial Realty Consultants
Elior Levi
Fausto Commercial Realty Consultants
