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An Opportunity Site in Sistrunk District Is Up For Sale for $27 Million

An Opportunity Site in Sistrunk District Is Up For Sale for $27 Million

The 4 acre parcel in Sistrunk is being scoped for a 650 unit development

The property, located at 601 Northwest Sixth Avenue in the Sistrunk District is on the market for $27 million, another vote of confidence in the Sistrunk district that’s being dubbed a mini-Wynwood of Fort Lauderdale.

Opportunity zones are specialty designated parcels that hold special tax benefits to incentivize developers to embrace and cultivate properties in historical or underserved areas. So far, it seems like it’s working for this area.

For the full story click here on TheRealDeal.com.

Photo courtesy of TheRealDeal.com

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Taylor A.

Fort Lauderdale real estate blogger.

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