Fort Lauderdale Development Site | 20K SF Lot | Up to 10 Townhomes
About this property
Vacant land parcel of 20,250 sqft with RM-25 zoning, currently clean but outdated and in need of a full rehab, with potential to build up to 10 townhomes. ARV is $1,500,000 with a spread of $400.1K, and the asking price is $1,129,900, with a Buy Now price of $1,129,900 that provides 6 hours of exclusivity. Comparable sales include a property that sold for $1,525,000 and a much smaller property, about half the size, that sold for $1,000,000. Offers are accepted until 10/24/2026 with a closing date of 10/31/2026, and require proof of funds, a non-refundable earnest money deposit, no feasibility period, and a signed assignment, with free and clear title guaranteed at closing.
Property snapshot
Deal details
Request the deal package — comps, seller walkthrough and terms, sent to verified buyers usually within the hour.
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Off-market comps, the seller walkthrough packet, rent roll and terms — sent to verified buyers, usually within the hour.