OVER 50% OFF Market Value! Build up to 4-8 units! Ask me how! Zoned MH in the TOC zone. Build 4-6 stories high! Unlimited density! Build as many units as you can fit! Build mixed use or just multifamily. Multifam lots in the area sell for $25k-$30k per buildable unit. That gives this property a current market value of $200k-$240k. 2/1 units rent for $1,300/mo. New units could rent for $1,500/mo. Potential gross monthly income of up to $12k! $144k/yr! Avg cap rate in Broward is 6.88%. Sell at 6.88% cap for $2M+! You can also build "Micro-Units". Build a tiny building very inexpensively and max out your return on investment. Call Listing Agent to discuss all details; I'm happy to explain.
