About this home
Prime redevelopment opportunity located in the heart of Sistrunk, one of Fort Lauderdale's fastest-growing and most actively developing corridors. Surrounded by ongoing residential, commercial, and mixed-use projects, this property offers exceptional potential for investors, developers, and visionaries looking to capitalize on the area's continued growth. Ideal for office space, mixed-use development, multifamily housing, retail, or other income-producing ventures, subject to zoning and municipal approvals. Positioned just minutes from Downtown Fort Lauderdale, Brightline, Las Olas, major highways, and the beach, this is a rare opportunity to secure property in a high-demand location with tremendous upside potential. Located directly within the Sistrunk redevelopment district where significant public and private investment continues to transform the area. Property is being offered for its strategic location and redevelopment potential. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, density allowances, and development requirements with the appropriate municipal authorities.
Listing last checked: Listing updated:
Listed by Joseph Hargro, Devuyo Marcelin · United Realty Group Inc. · MLS #B26035857
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Carpet, Ceramic Tile, Laminate
Building4 property facts
- Style
- Mixed Use
- Year built
- 1957
- Parking
- 3
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.46 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- NWRAC-MUw
Financial2 property facts
- Annual taxes
- $1,916
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,900,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,767 / monthAdjust
- Principal & interest
- $9,607
- Property tax
- $160
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,916. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 540 NW 20th Avenue
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