Bought with Beachfront Realty Inc
$945,000
$1,200,000
21.3%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
12 Baths
7,300 SqFt
SOLD DATE : 04/11/2024
Key Details
Sold Price $945,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,300 sqft
Price per Sqft $129
Subdivision Cannon Point First Add
MLS Listing ID RX-10962347
Sold Date 04/11/24
Bedrooms 15
Full Baths 12
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $6,297
Tax Year 2023
Lot Size 0.396 Acres
Property Description
Exciting opportunity awaits to reimagine or develop anew on a spacious 17,000+ square foot lot nestled in Cannon Point of Lauderhill. Presently occupying the site are two vacant structures, each approximately 3,650 square feet, which were previously combined into a single unit by merging common elements. However, they can readily be restored to their original state as two distinct buildings.The property's RM-18 zoning presents the potential to construct up to seven multi-family units on the premises. A comprehensive 40-year study has been conducted and is readily available for prospective buyers interested in leveraging the existing structures. Alternatively, there exists the possibility of demolishing the current buildings to make way for new multi-family dwellings. The seller
Location
State FL
County Broward
Area 3750
Zoning RM-18
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Other
Exterior
Exterior Feature Fence
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Royal Palm Elementary School
Middle Schools Lauderhill Middle School
High Schools Piper High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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