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733-795 NW 27th Ave

Fort Lauderdale, FL 33311

– beds
– baths
– sqft
14,388 sqft lot
– on site

One of the last corner lots on rapidly developing NW 27 Ave, buildable for 24 residential units. Drive 27th & nearby areas: see surge of construction. Minutes from new Walmart plaza, Starbucks, Downtown, I-95, 441, & Turnpike. Site plan for 24 large 1 bed/1 bath units included—customize or design your own. Active comps: $60k-$86k/unit for land; recently sold comps: $42k(disqualified)-$82.5k/unit for land. Subject property under $40k/unit: six figures below market. Nearby rents: 1 beds $1.6k-$2.1k. Construction cost: $3.5M+/-; total cost: Under $4.5M; projected value: $7M+: $2.5M+ instant equity. Potential 10%+/- cap rate. Opportunity zone: huge tax benefits. Seller will finance. Eligible for county grant of up to $300k towards construction. DND tenants. Can also be commercial or mixed-use.

Listing courtesy of GFLR / United Realty Group Inc.

Last checked: Checking… • Last updated Feb 24, 2025 •

MLS# F10488687 —

This property is listed in more than one place. See it here.

The Building

Building Includes:

Run Down
Front Exposure:

East

Financial & Terms

Terms Considered:

Cash, Conventional, Owner Financing

Location

Directions:

GPS 733 NW 27th Ave, Fort Lauderdale, FL 33311

The Property

Type of Property:

Residential
Style of Property:

Zoned Multifamily
Property Type:

Residential Land/Boat Docks
Property SqFt:

14,388 Sqft
# of Parcels:

3
Parcel Number:

504205060121
Total Acres:

0.3300
Approx Lot Size:

14,388 Sqft
Lot SqFt:

14,388 Sqft
Zoning:

B-3
Geographic Area:

Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Surface Description:

Paved Road
Development:

Recorded Plat
Type of Trees:

No Trees, Other Trees
Usage Description:

Check Land Use Plan
Waterfront Property:

No
Miscellaneous Improvements:

Fenced, Other

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Amount:

$12,073

The Listing

Auction:

No

Utilities

Internet:

Yes

The Community

Subdivision Name:

Washington Park Third Add
Subdivision Complex Bldg:

Washington Park Third Add

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/24/25 Feb 24, 2025	Listed / Active	GFLR	$958,750

Land For Sale

$958,750

Listing provided by broker:

Michael Sheer

United Realty Group Inc.

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This land located in Franklin Park, FL 33311 is currently for sale for $958,750. 733-795 NW 27th Ave is a – square foot land with – beds and – baths that has been on Estately for 0 days.

Listing Courtesy of: GFLR and United Realty Group Inc..

Based on information from the GFLR 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. GFLR, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GFLR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.