209 SW 2nd St - Prime Development Opportunity 1.02 Acres of Commercial Land Offered at $4,000,000 in Fort Lauderdale, FL 33301
INVESTMENT HIGHLIGHTS
- Opportunity Zone Benefits – This property offers potential tax incentives, making it an attractive investment in a rapidly expanding urban district.
- Surrounded by Major Developments – With several billion dollar projects, such as Searstown and FAT Village nearby.
- Unmatched Location – Situated directly next to the Brightline Station, this site offers seamless connectivity to Miami, West Palm Beach, and Orlando.
EXECUTIVE SUMMARY
The property is situated within a designated Opportunity Zone, providing potential tax incentives for investors and developers. The surrounding area is experiencing a wave of growth, with several billion in the development pipeline within a 1 mile radius of the subject property. With a major international airport, seaport, and thriving downtown Central Business District, Fort Lauderdale has secured its position as a major metropolitan hub in South Florida.
There is also an opportunity to purchase 100 parking spaces in the adjacent Brightline Garage. These spaces are not included in the purchase price but may be acquired separately, offering ample on-site parking to support future development. Contact the listing agent for details.
PROPERTY FACTS
| Price | $4,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.02 AC |
| Zoning | B-3 - Commercial Business |
1 LOT AVAILABLE
Lot
| Price | $4,000,000 |
| Price Per AC | $3,926,889.18 |
| Lot Size | 1.02 AC |
DESCRIPTION
This prime land sits directly next to the Brightline Station in Fort Lauderdale, FL, offering a rare opportunity to help shape the future of downtown Fort Lauderdale. With the high-speed rail just steps away, the location offers direct access to Miami, West Palm Beach, Orlando, and beyond, making it an ideal location for a hotel, apartments, condominiums, or a mixed-use project with retail and office space. Located in an Opportunity Zone, the site comes with potential tax incentives that make development even more attractive. The surrounding area is experiencing a wave of growth, with several billion in the development pipeline within a 1 mile radius of the subject property. With a major international airport, seaport, and thriving downtown Central Business District, Fort Lauderdale has secured its position as a major metropolitan hub in South Florida.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,606,720 | |
| Land Assessment | $2,599,550 | Total Assessment | $6,206,270 |
