5571 SW 40th Avenue, Dania Beach, FL 33314

$1,480,000
4
BD
2
BA
1,937
SqFt

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List Price
$1,480,000
Days on Market
1
MLS#
A12077459
Year Built
1956
Bedrooms
4
Bathrooms
2
Living Area
1,937
Acres
1.03
MLS Area Major
3070

Property Description

Rare 1.03-acre development opportunity in a prime, centrally located South Florida corridor. This expansive 44,867 SF property is surrounded by mature oak trees, creating a unique natural setting rarely found this close to the city.Ideally positioned near I-95, I-595, Florida’s Turnpike and Fort Lauderdale-Hollywood International Airport, and just minutes from the iconic Seminole Hard Rock Hotel & Casino and Guitar Hotel. The property is also located near Oaks Place, a newer gated townhome community on SW 40th Ave, highlighting the residential growth already underway in the immediate area.The site offers attractive redevelopment potential, including the possibility of subdividing for multiple single-family homes under its current residential zoning. City records have also previously contemplated a higher-density residential concept of approximately 13–14 townhomes, subject to rezoning, site plan approval and other required governmental approvals.An exceptional opportunity for a developer, builder or investor seeking over an acre of land in a rapidly evolving location between Fort Lauderdale and Miami. Buyer to independently verify zoning, density, subdivision requirements and permitted uses with the City of Dania Beach.

Additional Information

Taxes
$11,870
Interior Features
Main Level Primary
Appliances
Refrigerator
Heating
Other
Air Conditioning
Central Air
Exterior Construction
Brick Veneer
Roof
Shingle
Elementary School
Stirling
Middle School
Attucks
High School
Hollywood Hills

Listing courtesy of Compass Florida, LLC.

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