4330 N 5TH Avenue # 39 Phoenix, AZ ^$ 3,850,000

4330 N 5TH Avenue # 39

^$ 3,850,000

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4330 N 5TH Avenue # 39

Phoenix, AZ, 85013

^$ 3,850,000

Studio Baths0.0

Monthly Estimate*

^$ 25,588

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Studio

Lots and Land for sale in Phoenix, AZ

for $3,850,000. The lot size is 0.02.

DISCOVER AN UNPARALLELED OPPORTUNITY IN THE HEART OF MIDTOWN PHOENIX'S MELROSE DISTRICT WITH THIS EXTRAORDINARY 2.43-ACRE PARCEL OF LAND, PRESENTING A PRIME MULTIFAMILY BUILDER OPPORTUNITY. BOASTING APPROVED PLANS FOR A 39-UNIT CONDOMINIUM/APARTMENT BUILDING, THIS PROPERTY IS POISED FOR IMMEDIATE DEVELOPMENT. SPECIAL FINANCING TERMS MAKE THIS VENTURE EVEN MORE ENTICING, AND WITH A REMARKABLE 83 WALK SCORE, FUTURE RESIDENTS WILL ENJOY CONVENIENT ACCESS TO A PLETHORA OF AMENITIES. DON'T MISS OUT ON THIS CHANCE TO SHAPE THE LANDSCAPE OF THE VIBRANT MELROSE DISTRICT. FOR INQUIRIES ABOUT SPECIAL SELLER FINANCING, CONTACT JOEL CHACKO FOR PRIVATE DETAILS. THIS IS A RARE AND PROMISING INVESTMENT OPPORTUNITY THAT AWAITS YOUR VISION AND CREATIVITY.

Lots and Land Active

Price

^$ 3,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 105

Style

Land

Lot Size

0.02

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6645322

Features

General

Sewer Public Sewer

Zoning COMMERCIAL

Electric None

Township 2N

Unit Number 39

Tax Year 2023

County Maricopa

Property Type Land

HOA / Comm Assn N

Subdivision Name PARK FIFTH AVENUE CONDOMINIUMS

Possible Use Multi-Family

Special Listing Conditions N/A

Status Active

Directions FROM CENTRAL AVE HEAD WEST ON GLENROSA AVE RIGHT ONTO 5TH AVE. PROPERTY IS ON LEFT.

High School Central High School

City Phoenix

Buyer Agent Compensation 3.00

Disclosures Other (See Rmks)

View Y/N N

High School District Phoenix Union High School District

Lot Size Square Feet 105850.0

Carport Y/N N

Street Name 5TH

Elementary School Encanto School

Tax Annual Amount 105.0

Middle/Junior High School Osborn Middle School

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.tourfactory.com/idxr3125836

Days on Market 143

Standard Status Active

Elementary School District Osborn Elementary District

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 39

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Senior Community N

Exterior

Water Source Check Availability

Lot Size Area 0.02

Spa N

Lot Dimensions 2.43 ACRES

Lot Size Acres 0.02

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 4330

* Excluded Features

List By

Griggs's Group Powered By The Altman Brothers

Broker

Scott@thealtmanbrothersgriggsaz.com

Affordability Calculator

$25,597

Per Month

Monthly Principal & Interest: $25,588
Monthly Property Taxes: $9
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Phoenix, AZ

Average List Price ^$925,193

Percent of Sale Price 76%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327703 Elementary School

4327120 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/3/2024	$3,850,000		Listed Price

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4330 N 5TH Avenue # 39, Phoenix, AZ, 85013 is a Lots and Land for sale at $3,850,000 with a lot size of 0.02. 4330 N 5TH Avenue # 39 is a studio with 0.0 baths. The property's zip code is 85013 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is 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.

Data is updated as of 6/1/2024.

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4330 N 5TH Avenue # 39

Lots and Land for sale in Phoenix, AZ

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