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$ 1,500,000
Est. payment /mo
Active
515 W Sunrise Blvd Fort Lauderdale, FL 33311
0.34 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12080007
HOA Y/N No
Annual Tax Amount $4,635
Tax Year 2025
Lot Size 0.341 Acres
Acres 0.3409
Lot Dimensions 136x110
Property Sub-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.
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.
Location
State FL
County Broward
Area 3390
Zoning B-1
Exterior
Utilities Available None
Present Use Other
Private Pool Yes
Building
Lot Description <1 Acre, Flood Zone
Sewer Public Sewer
Water Other
Others
Tax ID 494234050560
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12080007
Listed by Realty 100
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