$1,200,000
Lauderhill, FL 33313
MLS# RX-10962347
Status: Closed
7300 sqft
1 / 6
Property Description
Exciting opportunity awaits to reimagine or develop anew on a spacious 17,000+ square foot lot nestled in Cannon Point of Lauderhill. Presently occupying the site are two vacant structures, each approximately 3,650 square feet, which were previously combined into a single unit by merging common elements. However, they can readily be restored to their original state as two distinct buildings. The property's RM-18 zoning presents the potential to construct up to seven multi-family units on the premises. A comprehensive 40-year study has been conducted and is readily available for prospective buyers interested in leveraging the existing structures. Alternatively, there exists the possibility of demolishing the current buildings to make way for new multi-family dwellings. The seller
Details
Maps
Documents
Contract Information
Listing Date: 2024-02-23
Status: Closed
Original List Price: 1200000
Auction: No
List Price: $1,200,000
Current Price: $945,000
List Price/SqFt: 164.38
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Duplex
Property Condition: Resale
Year Built: 1974
Number of Stories: 1
SqFt - Total: 7300
SqFt - Living: 7300
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: I-95 south, exit West off Oakland Park Blvd. Make a left onto NW 56th Ave, then a right onto NW 28th St. Follow road around to NW 58th Terrace, then NW 27th Ct. Building is on your right.
Subdivision: CANNON POINT FIRST ADD
Lot SqFt: 17241
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 3750
Geo Area: FTSL
Country: United States
County: Broward
Parcel ID: 494126180310
Street #: 5800-5810
Street Dir: NW
Street Name: 27
Street Suffix: Court
State/Province: FL
Zip Code: 33313
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: CANNON POINT FIRST ADD 78-30 B LOTS 11,12 BLK 3
Zoning: RM-18
Tax Year: 2023
Taxes: 6297
Elementary School: Royal Palm Elementary School
Middle School: Lauderhill Middle School
High School: Piper High School
Geo Lat: 26.160728
Geo Lon: -80.229514
Office/Member Info
DXORIGMLNO: RX-10962347
DXORIGMLSID: RML
Status Change Info
Under Contract Date: 2024-03-03
Sold Date: 2024-04-11
Sold Price: 945000
Terms of Sale: Owner Financing
Sold Price/SqFt: 129.45
Unit 1 Info
Bedrooms: 8
Full Bath: 7
Furnished: No
SqFt: 3650
Monthly Income: 1
Unit 2 Info
Bedrooms: 7
Full Bath: 5
Furnished: No
SqFt: 3650
Monthly Income: 1
Income & Expenses
Gross Operating Inc: 1
Annual Total Expense: 1
Annual Net Oper Inc: 1
Storm Protection
Accordion Shutters: Complete
Property Features
Source of Expenses: Owner
Construction: CBS
Waterfront Details: None
View: Garden
Unit 1 Desc: A/C Unit; Electric Meter; Laundry; Laundry Tub
Unit 1 Parking: Open Parking
Unit 2 Desc: A/C Unit; Electric Meter
Unit 2 Parking: Open Parking
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Fence
Subdiv. Amenities: None
Tenant Pays: Cable; Electric; Sewer; Sewer
Restrict: None
Flooring: Other
Cooling: Central; Electric
Heating: Central; Electric
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Taxes: No Homestead
Avail Info: None
Possession: At Closing; Funding
Showing Instructions: Text Listing Agent
Contingencies: Inspection
Supplements
survey is on hand for thorough review.
Don't miss out on this exceptional opportunity to turn your vision into reality. Whether you're looking to capitalize on the existing structures or embark on a new development project, this expansive lot in Cannon Point of Lauderhill offers endless possibilities.
Survey Page 1 
Listing Office: Lang Realty - Boynton Beach
Last Updated: April - 19 - 2024
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Thursday 2nd of May 2024 11:42 PM