515 W Sunrise Blvd, Fort Lauderdale, FL 33311

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List Price
$1,500,000
MLS#
A12080007
Status
ACTIVE
Type
Commercial

Property Description

PRIME CORNER DEVELOPMENT OPPORTUNITY WITH DUAL-INCENTIVE LAYERING! Exceptional, high-visibility 14,846 Sq Ft corner parcel positioned directly on the active W Sunrise Blvd Corridor. Zoned B-1 (Liberal Business District), this versatile site is perfectly primed for a wide array of commercial, retail, or mixed-use applications. THE ULTIMATE INVESTMENT VEHICLE: This parcel offers a rare "double-dip" financial advantage, sitting squarely within both a federal Qualified Opportunity Zone and the highly incentivized Fort Lauderdale Central City CRA District. • Federal Opportunity Zone (QOF): Deploy capital gains equity to unlock 100% tax-free appreciation on your development upon a 10-year hold, plus powerful deferral structures. • Central City CRA Layering: Offset construction and infrastructure costs by leveraging lucrative local grants, including the CRA Property & Business Improvement Program, Façade Enhancements, and Development Incentive Program (DIP). Featuring dual-street access, excellent transit flows, and close proximity to major national anchors, this lot is engineered to effortlessly attract joint-venture equity. DISCLOSURE: Buyer and buyer's agent are solely responsible for conducting their own independent due diligence regarding zoning, allowable uses, square footage, building restrictions, and qualification/approval for any CRA grants or Opportunity Zone tax incentives.

Additional Information

Days on Market
72
Tax Amount
$4,635
Parcel Number
494234050560
Lot Size
14,846
Address
515 W Sunrise Blvd, Fort Lauderdale
Section
34

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Listing Courtesy of Realty 100, Contact: