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3001 Alhambra

Posted: 3/16/2022
0.25 Acres
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About

About 3001 Alhambra

3001 Alhambra offers an income producing development opportunity in the heart of Ft. Lauderdale Beach. The site totals 0.25 acres and has favorable ABA A-1A zoning allowing a 4x FAR and up to 200 feet high. Zoning allows for condo, hotel, retail and multifamily development. The property currently has three multifamily units totaling 2,800 square feet with average rents of $1,475. In addition, there is ±1,800 SF office building currently producing $4,064 per month. There are 6 parking spaces onsite currently producing $1,640 per month. The income from the multifamily, office and garage spaces provides in place income while a developer can work through the entitlement process.

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