proposed project
The subject is currently improved with an apartment building constructed condominium during 1959 with efficiency units. The land containing a total site size of 0.29 acres. This land is currently proposed and approved for the development of residential which will consist of one, 5 story building a total allowable building area of 17,588 sf residnetial. It is located 3 blocks away from THE BEACH and only one block away f rom intercoastal and minutes from Las Olas Blvd. FINE DINING AND ENTERTAINMENTS
actual building income property , 7 units all rented
Location : the property is adjacent to the Bonnet House in the Central Beach are of the City of Fort Lauderdale
Access: The Property is three blocks away from The beach.
Acreage: 0.29 Acres.
Zoning: The Property is Zoned NBRA ( NORTH BEACH RESIDENTIAL AREA DISTRICT) .Property only allows for Residential use.
For more information on this opportunity call Denise Renslow, Ewm Realtors
Cell 954-636-9328
Investment Opportunity:
South Florida
Even though the Real Estate Arena is facing a difficult period. South Florida remains as the Capital of Latin America. Its geographical location, cultural diversity, vibrant international trade community, strong financial sector outstanding seaport ad airport facilities are some of the many features that make South Florida a global hub and the Gateway of the Americas.
Difficult economic and political problems in Latin American countries like Venezuela, Colombia, Brazil and Argentina have created and continue to create heightened migrations and increased flow of capital into South Florida. Much of this capital is
Acquiring Bayshore’sholding company
brings additional benefits. Acquiring the company, owner of the land, project and construction permits as opposed to the land has certain benefits such as:
No change in the tax basis for the calculation of property taxes; and no stamp tax, and other registration fees to be paid