INCREDIBLE DEVELOPMENT OPPORTUNITY!!! EXTREMELY PRIME LOCATION IN DAVIE. BUILD 15+ TOWNHOUSES or DREAM RANCH. Prime strip of land to build 10-15 units (2.24 acres). Townhouses in the area sell for $475k. Single family homes in the area sell for $800k. Prime location in west Davie close to 595. Potential Gross Income over $7.5M if the developer sells the units. Build and rent each unit starting at $2800 per month (based on area data), potential rental income $40k+ per month. Please note, a well maintained 2300 sq ft single family home with a pool also occupies the land. Potential buyer could buy it as a single family home with over 2 acres to build out a dream ranch. The parcel is currently zoned AG (Agricultural). Buyer will have to rezone and plot the land if building multiple units.
Address951 SW 121st Ave
Property TypeSingle Family
Property ClassSingle Family
Type of PropertyPool Only
Water ViewCanal Front
ViewGarden View, Pool Area View
SubdivisionFla. Fruit Lands
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