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4381 SW 51st St Dania Beach, FL 33314
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Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,045 sqft
Price per Sqft $602
MLS Listing ID A11446983
Sold Date 11/14/23
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,246
Contingent Other
Lot Size 0.714 Acres
Property Description
Sitting on a massive 31sqft of land, this lot presents a lucrative opportunity for developers and property owners. Zoning code permits two dwelling units per 8000 sqft of land and given the housing shortage in this specific area there is potential for more units if properly requested from city. In addition, buyers could generate generate passive income while strategizing development. The thriving tourist presence and employment opportunities make it an attractive rental property market. Located just off U.S. 441 and a short walk from the Hard Rock Guitar Hotel, this property provides easy access to retail spaces and local restaurants, enhancing its commercial real estate appeal. Development projects like Dania Pointe and the upcoming Dolce Hotel are some of the areas main highlights.
Location
State FL
County Broward County
Area 3030
Others
Tax ID 504136020080
Financing Seller Financing
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Bought with The Keyes Company
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