5571 Sw 40th Ave, Dania Beach, FL 33314

$1,480,000
4
BD
2
BA
1,937
SqFt

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List Price
$1,480,000
MLS#
A12077459
Subdivision
Newmans Survey
Status
ACTIVE
Type
Single Family Residential
Bedrooms
4
Full baths
2
Living Area
1,937

Property Description

Rare 1.03-acre development opportunity in a prime, centrally located South Florida corridor. This expansive 44,867 SF property is surrounded by mature oak trees, creating a unique natural setting rarely found this close to the city. Ideally positioned near I-95, I-595, Florida’s Turnpike and Fort Lauderdale-Hollywood International Airport, and just minutes from the iconic Seminole Hard Rock Hotel & Casino and Guitar Hotel. The property is also located near Oaks Place, a newer gated townhome community on SW 40th Ave, highlighting the residential growth already underway in the immediate area. The site offers attractive redevelopment potential, including the possibility of subdividing for multiple single-family homes under its current residential zoning. City records have also previously contemplated a higher-density residential concept of approximately 13–14 townhomes, subject to rezoning, site plan approval and other required governmental approvals. An exceptional opportunity for a developer, builder or investor seeking over an acre of land in a rapidly evolving location between Fort Lauderdale and Miami. Buyer to independently verify zoning, density, subdivision requirements and permitted uses with the City of Dania Beach.

Additional Information

Days on Market
17
View
Garden
Tax Amount
$11,870
Parcel Number
504136010380
Bedroom Description
At Least 1 Bedroom Ground Level
Front Exposure
East
Lot Size
44,867
Exterior Features
Fruit Trees
Parking Restrictions
Additional Spaces Available, Driveway
Address
5571 Sw 40th Ave, Dania Beach
SqFt Liv Area
1,937
Year Built
1956
Design
Detached, One Story
Development Name
Newmans Survey
Style
R30-No Pool/No Water, House
Middle School
Attucks
Senior High School
Hollywood Hl High
Restrictions
Ok To Lease
Construction Type
Brick Veneer
Interior Features
First Floor Entry, Family Room, Florida Room
Section
36

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Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC, Contact: 305-804-9700