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Key Details
Sold Price $4,400,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Cypress Creek Estates Sec
MLS Listing ID F10447829
Sold Date 05/15/25
HOA Y/N No
Annual Tax Amount $86,054
Tax Year 2024
Lot Size 1.887 Acres
Property Sub-Type Income/Multi-Family
Property Description
A Rare and Great opportunity to purchase a 1.887 Acres redevelopment parcel with 245' of frontage on East Atlantic Boulevard and obtain income ( NOI $111,000 commencing on 4-1-2025) while planning and waiting on permits. Zoned TO EOD ( Transportation Orientation East Overlay District) which allows various uses including Residential multifamily! The properties consist of 8 parcels with 11 Lots , includes a 15,000 SF Office Building, parking lots, and four single family properties immediately to the south of the Office building and parking lot on East Atlantic Blvd. See Broker remarks for the additional Parcels. There are tenants in all the properties, and please Do Not Disturb or contact them. Possibility for Density Bonus Options City Code 155.3709.E.3
Location
State FL
County Broward County
Area North Broward Us1 To Dixie Hwy (3311-3342)
Zoning TO EOD
Exterior
Utilities Available Cable Tv, Electric, Sewer, Trash Removal, Water
Water Access Y
Water Access Desc None
Private Pool No
Building
Lot Description 1-2.5 Acres, Irregular Lot
Sewer Public Sanitation
Water Municipal Water
Others
Pets Allowed No
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Compass Florida LLC
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