3912 NE 22nd Ave - Commercial LAND FOR SALE


Fort Lauderdale, FL 33308- Coral Ridge Country Club Estates32,234 SF
$1,075,000 USD
954-558-2885
3912 NE 22nd Ave, Fort Lauderdale, FL for Sale
$1,075,000 USD
Commercial LAND - FOR SALE
1/5
32,234 SF

3912 NE 22nd Ave
Fort Lauderdale, FL 33308
Coral Ridge Country Club Estates


HIGHLIGHTS

  • Attractive Long-Term Investment
  • Favorable Market Positioning
  • Dynamic Reversion Potential

OVERVIEW

Avison Young is pleased to present the opportunity to acquire two parcels with in-place ground-leases located in two of Fort Lauderdale’s most desirable residential pockets (collectively, “the Properties”). Both parcels, situated in the prestigious Coral Ridge Country Club and Colee Hammock neighborhoods, are currently encumbered by two-story cooperative-owned condominiums which upon lease expiration in 2059 revert to the lessor along with the underlying land. This unique structure offers investors a foothold in a high-demand market, with the properties benefiting from their proximity to iconic attractions like Fort Lauderdale Beach and Las Olas Boulevard, as well as economic drivers such as Port Everglades. The opportunity presents a rare hold-to-reversion strategy encompassing substantial land appreciation, income generation, passive management, and future land control in two of South Florida’s most established neighborhoods.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/ACRE

$1,452,721/AC

PRICE/SF

$33 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Beaumont & Keith Land Lease Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.74 AC

LAND SF

32,234 SF

OFFSITE IMPROVEMENTS

-

ZONING

RMM-25, RM-15

APN/PARCEL ID

50-42-11-NR-0010

ASK ABOUT THIS PROPERTY

David DuckworthAvison YoungMore Info
954-558-2885

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David DuckworthAvison YoungMore Info
954-558-2885

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.