540 NW 20th Avenue, Fort Lauderdale, FL 33311 — MLS photo

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540 NW 20th Avenue, Fort Lauderdale, FL 33311

Active · MixedUse

$1,900,000

540 NW 20th Avenue, Fort Lauderdale, FL 33311

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1957
Lot size
20,070 sq ft
HOA fee
—
Annual tax
—

About this property

Prime redevelopment opportunity located in the heart of Sistrunk, one of Fort Lauderdale's fastest-growing and most actively developing corridors. Surrounded by ongoing residential, commercial, and mixed-use projects, this property offers exceptional potential for investors, developers, and visionaries looking to capitalize on the area's continued growth. Ideal for office space, mixed-use development, multifamily housing, retail, or other income-producing ventures, subject to zoning and municipal approvals. Positioned just minutes from Downtown Fort Lauderdale, Brightline, Las Olas, major highways, and the beach, this is a rare opportunity to secure property in a high-demand location with tremendous upside potential. Located directly within the Sistrunk redevelopment district where significant public and private investment continues to transform the area. Property is being offered for its strategic location and redevelopment potential. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, density allowances, and development requirements with the appropriate municipal authorities.

Property location

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540 NW 20th Avenue, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MixedUse
Year built
1957
Lot size
20,070 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
B26035857
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

-$3,719

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$9,007/mo
Down payment
$475,000
Loan amount
$1,425,000
Annual NOI
$63,460

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