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FLAGLER VILLAGE PROGRESSO VILLAGE SOUTH MIDDLE RIVER MIDDLE RIVER TERRACE THE CITY OF FORT LAUDERDALE IS SEEKING PROPOSALS FOR THE PURCHASE OF 4 VACANT MULTIFAMILY AND SINGLE FAMILY LOTS. PROPOSALS MAY INCLUDE AN OFFER ON ONE OR ANY NUMBER OF THE AVAILABLE SITES. Kevin Morris Senior Vice President +1 954 873 5699 [email protected] Brooke Berkowitz Senior Associate +1 954 652 4633 [email protected] 1 2 3 4 MULTIFAMILY DEVELOPMENT OPPORTUNITY 4 VACANT LOTS FORT LAUDERDALE, FL 1 2 3 4 1721 NW 7TH AVENUE 1146 NW 6TH AVENUE 12XX NE 5TH AVENUE 1131 NE 6TH AVENUE S F E D E R A L H W Y E B R O WA R D B L V D E S U N R I S E B L V D FORT LAUDERDALE INTERNATIONAL AIRPORT FORT LAUDERDALE PORT EVERGLADES Colliers International South Florida, LLC 200 East Broward Boulevard Suite 120 Fort Lauderdale, FL Accelerating success. LOCATED EAST OF I-95, JUST MINUTES FROM FLAGLER VILLAGE, DOWNTOWN, FORT LAUDERDALE INTERNATIONAL AIRPORT, FLORIDA’S TURNPIKE, PORT EVERGLADES, AND BRIGHTLINE STATION.

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Page 1: FORT LAUDERDALE, FL - LoopNet...INTERNATIONAL AIRPORT FORT LAUDERDALE PORT EVERGLADES Colliers International South Florida, LLC 200 East Broward Boulevard Suite 120 Fort Lauderdale,

FLAGLER VILLAGE

PROGRESSO VILLAGE

SOUTH MIDDLE RIVERMIDDLE RIVER TERRACE

THE CITY OF FORT LAUDERDALE IS SEEKING PROPOSALS FOR THE

PURCHASE OF 4 VACANT MULTIFAMILY AND SINGLE FAMILY LOTS.

PROPOSALS MAY INCLUDE AN OFFER ON ONE OR ANY NUMBER OF THE

AVAILABLE SITES.

Kevin MorrisSenior Vice President+1 954 873 [email protected]

Brooke BerkowitzSenior Associate+1 954 652 [email protected]

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MULTIFAMILY DEVELOPMENT OPPORTUNITY 4 VACANT LOTS

FORT LAUDERDALE, FL

1234

1721 NW 7TH AVENUE1146 NW 6TH AVENUE12XX NE 5TH AVENUE1131 NE 6TH AVENUE

S FEDERAL HWYE BROWARD BLVD

E SUNRISE BLVD

FORT LAUDERDALE INTERNATIONAL AIRPORT

FORT LAUDERDALE PORT EVERGLADES

Colliers International South Florida, LLC200 East Broward Boulevard

Suite 120Fort Lauderdale, FL

Accelerating success.

LOCATED EAST OF I-95, JUST MINUTES FROM FLAGLER VILLAGE, DOWNTOWN,

FORT LAUDERDALE INTERNATIONAL AIRPORT, FLORIDA’S TURNPIKE, PORT

EVERGLADES, AND BRIGHTLINE STATION.

Page 2: FORT LAUDERDALE, FL - LoopNet...INTERNATIONAL AIRPORT FORT LAUDERDALE PORT EVERGLADES Colliers International South Florida, LLC 200 East Broward Boulevard Suite 120 Fort Lauderdale,

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THE BIDDING PROCESS• Minimum Bids for each property shall be no less than appraised value.

• Bids must be submitted to the City of Fort Lauderdale, Department of Finance, Procurement Division, 100 North Andrews Avenue, Fort Lauderdale, FL 33301-1016, no later than 2:00 pm,

August 8, 2018.

• The offer shall be accompanied by a cashier’s check or certified check payable to the City of Fort Lauderdale in an amount equal to at least ten (10%) percent of the approved

purchase price.

• The sale of the Property shall be for cash due at closing and no purchase money mortgage will be held by the City.

• All closing costs shall be paid by the buyer.

• The conveyance of the Property to the successful bidder shall be by Quit Claim Deed.

• The City’s broker of record is Colliers International, LLC. The successful bidder / Buyer is obligated to pay, at the time of closing, to the City’s broker of record a

brokerage commission of 4.0% of the sales price of the Property without setoff, credit or reduction in the sales proceeds paid to the City. If the successful

bidder / Buyer have retained a broker, there may be additional brokerage fees payable at closing.

• On August 21, 2018, the City Commission may adopt a Resolution accepting the best offer, authorizing execution of the Contract for Purchase and Sale of the

Property.

Kevin MorrisSenior Vice President

+1 954 873 [email protected]

Brooke BerkowitzSenior Associate+1 954 652 4633

[email protected]

Colliers International South Florida, LLC200 East Broward Boulevard

Suite 120Fort Lauderdale, FL

Accelerating success.

COPYRIGHT © 2018 COLLIERS INTERNATIONAL. INFORMATION HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE, HOWEVER ITS

ACCURACY CANNOT BE GUARANTEED. THE USER IS REQUIRED TO CONDUCT THEIR OWN DUE DILIGENCE AND VERIFICATION.

CONTACT

Appraised Value: $75,000

Lot Size: 6,755 Sq. Ft.

Zoning: RDS-15

1721 NW 7TH AVENUEFolio : 49-42-34-01-0510

1

Appraised Value: $98,000

Lot Size: 6,749 Sq. Ft.

Zoning: RD-15

1146 NW 6TH AVENUEFolio : 49-42-34-03-7910

2

Appraised Value: $65,000

Lot Size: 6,750 Sq. Ft.

Zoning: RMM-25

12XX NE 5TH AVENUEFolio : 49-42-34-03-2160 49-42-34-03-2170

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Appraised Value: $55,000

Lot Size: 6,750 Sq. Ft.

Zoning: RMM-25

1131 NE 6TH AVENUEFolio : 49-42-34-04-1051

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Click each property for Broward County Property Appraiser website.

Click Dropbox for Documents.