Investment Overview

Marcus & Millichap, as exclusive listing agent, is proud to present Aspire Sunrise Development located at 1011-1021 NW 4h Avenue in Fort Lauderdale, Florida. The site includes four parcels totaling 23,653 square feet of land. It is zoned RMM-25 which allows for 25 buildable units per acre. The site has three existing and occupied structures, totaling nine units. Aspire Sunrise Development is located east of I-95 and one block north of Sunrise Boulevard. Downtown Fort Lauderdale is less than two miles south of the property providing a short commute for tenants to major employers, while Fort Lauderdale Beach is three miles to the east making leisurely activities convenient. There are multiple multifamily and townhouse developments currently under construction within one mile of Aspire Sunrise Development which supports redevelopment in the heart of bustling Fort Lauderdale. The property is offered for sale at $2,640,000. It is a prime opportunity to capture long-term growth potential in a thriving submarket of Fort Lauderdale.