Exceptional Development Opportunity This 14,248 sq ft parking lot located at 1795 NW 8th Ave, Fort Lauderdale is a rare chance for investors, developers, or business owners to capitalize on a prime piece of land in a high-growth area. Situated minutes from Downtown Fort Lauderdale, the thriving Sistrunk district, and major highways, this property offers unmatched potential for redevelopment into mixed-use, residential, or commercial projects. Alternatively, the lot can be utilized for immediate income generation as a parking facility. Its strategic location near Fort Lauderdale’s bustling cultural, business, and residential hubs ensures strong demand and long-term value.
Property Details
Property Features
Listing Office:
Office Name: Julies Realty, LLC
Office Phone: (305) 751-6400
Listing Agent: Sheikera Coutain
Lot Features
Lot Information:
Lot Size: 0.33 Acres
Other
Directions Information:
Directions: From I-95, take Exit 29 for Sunrise Blvd (FL-838) and head east. Turn left onto NW 9th Avenue (Powerline Road). 0.5 miles, then turn right onto NW 18th Street. Located at the corner of NW 8th Avenue and NW 18th Street. Lot on the right-hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Tax Information:
Annual Amount: $743
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fort Lauderdale, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Thurgood Marshall Elementary School
800 NW 13th St
Distance between this listing and this school0.67 miles
Public Magnet Grades PK-5
7
/10
Wilton Manors Elementary School
2401 NE 3rd Ave
Distance between this listing and this school0.84 miles
Public Magnet Grades PK-5
7
/10
Somerset Village Academy
225 NW 29th St
Distance between this listing and this school0.94 miles
Public Charter Grades KG-5
Nearby Schools
7
/10
Somerset Academy Village Charter Middle School
225 NW 29th St
Distance between this listing and this school0.94 miles
Public Charter Grades 6-8
3
/10
William Dandy Middle School
2400 NW 26th St
Distance between this listing and this school1.45 miles
Public Magnet Grades 6-8
4
/10
Sunrise Middle School
1750 NE 14th St
Distance between this listing and this school1.92 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Pace Center for Girls Inc.
2225 N Andrews Ave
Distance between this listing and this school0.58 miles
Public District Grades 6-12
7
/10
Fort Lauderdale High School
1600 NE 4th Ave
Distance between this listing and this school0.90 miles
Public Magnet Grades 9-12
1
/10
Sunrise High School
424 W Sunrise Blvd
Distance between this listing and this school1.03 miles
The neighbors living near this home have an average income of $33,030. Residents of Fort Lauderdale, FL typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1795 NW 8th Ave
What is the listing price of this property?
The listing price of 1795 NW 8th Ave property is $1,200,000.
What type of property is this?
The property 1795 NW 8th Ave is land located in Fort Lauderdale, Florida, 33311.
Is this property for sale now?
Active Listing: 1795 NW 8th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $743 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1795 NW 8th Ave in Fort Lauderdale, FL and zip code 33311 in the South Middle River neighborhood. This home sits on a 0.33 acre lot. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $1,200,000.
In November 2024 more than 9 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 70 were sold below. In November 2024 in Fort Lauderdale, FL there were 11.6% more homes for sale than in October 2024. In November 2024 median list price was $480,941 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Pro Boxing
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Burlington
Foot Locker
H&M
White Castle
Little Caesars
Popeyes
Kia
Dodge
Nissan
Urban Adult Contemporary
Rhythmic Contemporary Hits