Build up to 4 units! Pay under $7k per unit for the land! There is no multifamily lot in Broward County available for under $7k per unit for the land! 3 min to i-95, 10-15 min to downtown/beach/airport! 2-3 bed/1 bath units rent for an average of $1,300 in the area; new construction will rent for more! Build 750 sqft units at $100 per sqft and earn 18%+ cap rate! The only recently sold lot in the area, sold for $41k; this lot was around 1k sqft smaller than 2124 NW 8th St and only buildable for 1 unit!
