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717 Phippen Waiters Road Dania Beach, FL 33004
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Key Details
Sold Price $116,000
Property Type Vacant Land
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision College Tr First Add 22-1
MLS Listing ID F10256913
Sold Date 03/11/21
HOA Y/N No
Total Fin. Sqft 5168
Annual Tax Amount $1,257
Tax Year 2019
Lot Size 5,168 Sqft
Property Description
Cleared corner lot in Dania Beach Opportunity Zone! Build Multifamily, Commercial, or a combination of both! Lowest priced lot in Broward buildable for 4 units is $260k! This property is $100k+ OFF lowest comp! Build 4 2 or 3/2 units at 1,000 sqft each. Brand new 2 or 3/2s should rent easily for $1,800 based on comps! Property could yield a 15%+ cap rate! Property is in a qualified opportunity zone. There are HUGE tax savings on all money you put into this property. You also pay no taxes on the profit when you sell if you hold for ten years. Ask accountant for details. Walking distance from schools. Just blocks from the 102 acre $800M+ Dania Pointe development and the new developments all around it the property values and rents are sky rocketing! Owner financing available; call for details
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning NBHD-MU
Exterior
Water Access N
Private Pool No
Others
Pets Allowed No
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
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Bought with Skye Louis Realty Inc
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095