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199 NW 5th Ave
Fort Lauderdale, FL 33311
Land For Sale · 1.08 AC

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 1.08 AC
Zoning RAC-WMU

DESCRIPTION

Janet Mercede Real Estate, Inc. is pleased to announce proposed plans for Residents @ 5th in Downtown Fort Lauderdale’s central business district, a transit-oriented development site. An exceptional opportunity, located just ONE block from Go Brightline's Brand New Train Station, a $3 Billion Development. Current plans call for 8 floors of loft style apartments with balconies, with a ROOF TOP BAR,,,,, and a parking garage. The Property consists of app 20,250 sq ft of undeveloped land zoned RAC-WMU, Fort Lauderdale' s high-intensity downtown zoning district. The Property is only one block north of Broward Boulevard and just a few blocks from Federal Highway (US1). This is a spectacular location for a Multi Family mixed use project. Downtown Fort Lauderdale is BOOMING with over a $1 Billion dollars worth of new development which includes new residential towers, new hotel towers, new office towers and much more. Fort Lauderdale is ranked number one in the region with one of the highest job growth in the nation. Be part of this amazing BOOM which is going to transform Fort Lauderdale into another world with its demographic mix, making the area appealing to young professionals and millennials who wish to be in a live-work-play environment. Currently existing on a portion of the parcel is a 2-story restaurant/retail/office building, about 5,000 square feet total. Building may either remain on property or be torn down. Plans for both options included. You don't want to miss this opportunity! This area is booming with big city-like features, people and common needs (i.e. restaurants, coffee shops, offices, etc.) This property consist of app. 20,250 ft.² of land with a 5,000 sq ft building on it that could be incorporated into the new development. The property is right in the heart of the new downtown Fort Lauderdale with endless possibilities. The seller will entertain a joint venture. The train station is HERE!!!! The information above is not warranted and should be verified through local municipalities.* Please contact us for more information!

  • Listing ID: 13183015

  • Date on Market: 7/16/2018

  • Last Updated:

  • Address: 199 NW 5th Ave, Fort Lauderdale, FL 33311

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