$1,500,000

Property Description

PRICE REDUCED!! INCREDIBLE DEVELOPMENT OPPORTUNITY!!! EXTREMELY PRIME LOCATION IN DAVIE. BUILD 15+ TOWNHOUSES or Dream Ranch. Prime strip of land to build 10-15 units (2.24 acres). Townhouses in the area sell for $500k. Single family homes in the area sell for $800k. Prime location in west Davie close to 595. Potential Gross Income over $7.5M if the developer sells the units. Build and rent each unit starting at $2800 per month (based on area data), potential rental income $40k+ per month. Please note, a well maintained 2300 sq ft single family home with a pool also occupies the land. Potential buyer could buy it as a single family home with over 2 acres to build out a dream ranch. The parcel is currently zoned AG (Agricultural). Buyer will have to rezone and plot the land
Courtesy of Re/max Interaction Realty Llc

Schedule to See Homes

Rob Lyszczarz