Good Buy Monday is a weekly blog post highlighting great real estate deals in Fort Lauderdale. Properties highlighted will have a unique story, be priced well relative to the market, or be considered a great real estate deal in my opinion.
Today I wanted to focus on large pieces of land. I thought, what are the odds that there's a home on a lot over 10,000 square feet that's priced below $200 psf for the structure built on the land? In my view you're basically getting the land for free in this type of a deal. So I figured I wouldn't find any listings and I'd quickly have to tweak my formula. To my surprise a listing fit my criteria! 2123 SW 10th Ave is located in zip code 33315, Croissant Park.
According to the listing information on the MLS the home was built in 2008. The home features a living area of 3,000 square feet and a total square footage including balconies and garage space of 3,452 square feet. The home sits on a 13,300 square foot lot. Typically lots in Fort Lauderdale are 5,500 and 6,750 square feet. This adds tremendous value to the property.
This two story gem boasts a loft space, 2 car garage, pool, granite counters, impact glass, hard wood and stone flooring. The list goes on and on, the home is impressive. The owner upgraded the home in 2010 (2 years after building it). The only catch with this is that there is a tenant in the property until December of 2013.
I work as a real estate specialist in a small area of Fort Lauderdale. If you’re interested in buying or selling a home in: Rio Vista, Victoria Park, Downtown Fort Lauderdale, Fort Lauderdale Beach, Harbor Beach, Lauderdale Harbors, Sailboat Bend, Tarpon River, Croissant Park, Collee Hammock, Seven Isles, Nurmi Isles, Idlewyld, or Las Olas Isles, please feel free to contact me at (786)443-7203 or through my email email@example.com.
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Written By Casey Prindle