Prime Development Opportunity with River Frontage in Fort Lauderdale

USD $650,000
5287 Southwest 38th Way, Fort Lauderdale, Florida, 33312, USA

Property Highlights

  • Five adjacent parcels totaling 0.82 acres
  • Zoned RM-10 for residential development
  • Potential for up to 9 buildable sites
  • Rear paved road access for convenience
  • One lot features river frontage
  • Located on quiet cul-de-sac street

Overview

Rare assemblage opportunity in Fort Lauderdale — now priced at just $80,000 per lot following a recent $100,000 price reduction. Offering includes five adjacent parcels total 35,600 SF (0.82 acres), zoned RM-10 and capable of supporting up to 8 single-family homes or 9 townhomes. Each lot holds a separate folio, and there is potential to subdivide one parcel to create up to 9 total buildable sites. Strategically located on a quiet cul-de-sac, the site boasts rear paved road access for flexible ingress/egress, and one lot offers river frontage —perfect for a standout custom build. New construction homes in the area are selling $550K range, providing excellent upside and ROI for developers. Unique chance to establish a boutique residential community in a rapidly transforming neighborhood.
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Property Features

5287 Southwest 38th Way, Fort Lauderdale, Florida, 33312, USA offers the following features:

Property Type: Land
Status: Active Under Contract
Reference ID: F10518366

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