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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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5571 SW 40th Ave , Dania Beach, FL 33314
$1,480,000
Est. Payment: $3,288.89/mo
4 Bed
2 Bath
1937 Sqft
Status: Active | Days on site: 24
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House Description

Rare 1.03-acre development opportunity in a prime, centrally located South Florida corridor. This expansive 44,867 SF property is surrounded by mature oak trees, creating a unique natural setting rarely found this close to the city. Ideally positioned near I-95, I-595, Florida’s Turnpike and Fort Lauderdale-Hollywood International Airport, and just minutes from the iconic Seminole Hard Rock Hotel & Casino and Guitar Hotel. The property is also located near Oaks Place, a newer gated townhome community on SW 40th Ave, highlighting the residential growth already underway in the immediate area. The site offers attractive redevelopment potential, including the possibility of subdividing for multiple single-family homes under its current residential zoning. City records have also previously contemplated a higher-density residential concept of approximately 13–14 townhomes, subject to rezoning, site plan approval and other required governmental approvals. An exceptional opportunity for a developer, builder or investor seeking over an acre of land in a rapidly evolving location between Fort Lauderdale and Miami. Buyer to independently verify zoning, density, subdivision requirements and permitted uses with the City of Dania Beach.

Highlights

Listed by Liz Hogan , 305-804-9700 and Jonathan Blum Kurtz , 305-609-4141 Compass Florida, LLC , 305-851-2820.

Property Type

Residential

Lot/Acreage
1.03

Year Built

1956

County

Broward

Area

3070

Neighborhood

Newmans Survey

Listing ID

A12077459

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Concrete
Other:
  • Additional:Bedroom on Main Level, First Floor Entry
Water:Public

Exterior Features

Lot:1-2 Acres
Zoning:RS-6000
Roof:Shingle
Others:
  • Additional:Fruit Trees
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$3,289
Taxes
$989

Home Price

$1,480,000

Loan Details

30 yrs
%

Down Payment

20%
$296,000
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Monthly Price:
$3,288.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,288.89 $989.17 $0.00 $4,278.06
Yearly $39,466.67 $11,870.00 $0.00 $51,336.67
Total $1,184,000.00 $356,100.00 $0.00 $1,540,100.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Dania Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.