Victoria Park Townhouse Development Site

Highlights:

• Zoned RMM-25- 25 units per acre
• Prime location in East Fort Lauderdale /Victoria Park area
• Potential for residential development of up to 12 units depending on size and setbacks
• Currently consists of 9 rental units generating $ in annual gross income
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Description:

Prime investment opportunity in the sought-after East Fort Lauderdale area, this property boasts RMM-25 zoning, catering to upscale residential townhouse development . The property comprises approximately 20,250 square feet (.467 acres) which allows for the development of up to 12 units depending on size and setbacks . With its strategic positioning in the thriving Victoria Park submarket, this property is a compelling prospect for quality developers seeking to capitalize on the area's residential potential and contribute to its ongoing evolution.

Located in the heart of Fort Lauderdale, the area surrounding the property offers a diverse array of amenities for local residents. Just moments away, the renowned Las Olas Boulevard beckons with its upscale dining, luxury retail, and vibrant cultural scene. The thriving downtown district provides access to business services, dining, and entertainment, while the nearby Riverwalk serves as a scenic backdrop for leisurely strolls and outdoor events. With its proximity to beautiful beaches, parks, and major transportation routes, the location presents an ideal blend of urban accessibility and coastal allure, making it an enticing area for new residential infill development in Fort Lauderdale.