929 NE 17th Way, Fort Lauderdale, FL 33304 — MLS photo

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929 NE 17th Way, Fort Lauderdale, FL 33304

Active · SpecialPurpose

$3,995,000

929 NE 17th Way, Fort Lauderdale, FL 33304

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
—
Lot size
20,250 sq ft
HOA fee
—
Annual tax
—

About this property

Prime Victoria Park Development Opportunity. This fully approved and shovel ready 9 unit luxury townhome development includes premium two car garages and 23,550 sq ft of total A/C buildable area, 2,617 sq ft per residence. The project is 100% entitled and developer can submit for construction permits immediately. High demand luxury infill location Ready to build opportunity with significant margin potential Full plan set, approvals package, and pro forma available

Property location

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929 NE 17th Way, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
SpecialPurpose
Lot size
20,250 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11879773
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$7,818

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$18,938/mo
Down payment
$998,750
Loan amount
$2,996,250
Annual NOI
$133,438

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.