925 N Andrews Ave, Fort Lauderdale, FL 33311

$3,999,999
List Price
$3,999,999
Price Change
▲ $3,609,999 1655985724
MLS#
A11227149
Status
ACTIVE
Type
Commercial

Property Description

The sky bridge is the limit to this prime development opportunity along Fort Lauderdale's Andrews Avenue on the cusp of burgeoning Flagler Village. Here is a unique opportunity to buy two parcels 925 and 921 N Andrews (listed separately) for a complimentary development. Together these two parcels are magic! 925 N Andrews is zoned NWRAC-MUNE allowing up to 110 feet (10 stories!). 921 N Andrews (41,104 sq ft), which may be land-leased for easier financing, is zoned RMM-25 allowing up to 25 residences or 30 hotel rooms. Both are in Fort Lauderdale's Enterprize Zone and eligible for CDBG funding. The driveway that separates the two properties has to stay - hence the sky bridge or garage breezeway concept. Pictures are concepts only. Buyer must do their own due dilligence.

Additional Information

Parcel Number
494234056270
Lot Description
Central Business District, City Location, Shopping Center, Urban Area Development, Less Than 1 Acre
Directions
Sunrise Blvd and Andrews Ave
Address
925 N Andrews Ave, Fort Lauderdale
Development Name
Progresso
Section
34

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Calculator source: Real Geeks

Listing courtesy of Peridot Properties, LLC.