2825 NE 33rd Ave

$1,495,000

2825 NE 33rd Ave, Fort Lauderdale, FL 33308

For Sale

Mixed Use

Active

Last Updated: 02/16/2025

Details:

Lot Area: 0.5 acres

Zoning: RMH-60

Offered by

Robert Wainland, PA

Senior Investment Advisor

615-Coldwell Banker Realty - Florida

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Highlights:

Age: 41-50 Years Old
Lot Size: 1/2 - 1 Acre

Description:

This property owner has a 99 year ground lease with a Co-Op that expires in 2056. The Lessee owns a 16 unit two story apartment building on the land. Current zoning is RMH-60 which allows for high density. This is a trophy site perfect for a family office looking to preserve capital and provide an amazing investment for future generations. Alternatively, if a developer can buyout the Co-Op, they could plan for development in the near future. This listing is only for the land. The building is currently owned by the co-op.