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723 W Sunrise Blvd
Fort Lauderdale, FL 33311
Land For Sale
·
0.34 AC


Investment Highlights
- 31,762 SF assemblage comprised of three contiguous parcels
- Ideal for Live Local Act multifamily, retail, or mixed-use development
- Prime location along West Sunrise Boulevard with easy access to Downtown Fort Lauderdale and I-95
- Opportunity Zone with mixed B-1 Commercial and RD-15 Residential zoning
- Potential to develop the commercial frontage while separately utilizing or selling the rear residential parcels
Executive Summary
Rare opportunity to acquire a 31,762 SF assemblage comprised of three contiguous parcels in the rapidly transforming Sunrise Boulevard corridor of Fort Lauderdale. Positioned within an Opportunity Zone, the property offers exceptional redevelopment potential for investors and developers seeking to capitalize on one of South Florida's most active growth corridors.
The assemblage features a combination of B-1 Commercial and RD-15 Residential zoning, creating multiple development scenarios. Developers can pursue a mixed-use or multifamily project under the Florida Live Local Act, or redevelop the front commercial parcel while separately utilizing or selling the rear residential parcels.
Situated along West Sunrise Boulevard with additional frontage on NW 8th Avenue, the site benefits from outstanding visibility, convenient access to Downtown Fort Lauderdale, I-95, Wilton Manors, and the surrounding urban core. The area continues to experience significant public and private investment, with numerous new residential communities and commercial developments fueling demand for housing, neighborhood retail, and mixed-use projects.
Whether acquired as a single development opportunity or repositioned through separate parcel strategies, this property offers flexibility, strong underlying land value, and long-term upside in one of Broward County's fastest-growing redevelopment markets.
The assemblage features a combination of B-1 Commercial and RD-15 Residential zoning, creating multiple development scenarios. Developers can pursue a mixed-use or multifamily project under the Florida Live Local Act, or redevelop the front commercial parcel while separately utilizing or selling the rear residential parcels.
Situated along West Sunrise Boulevard with additional frontage on NW 8th Avenue, the site benefits from outstanding visibility, convenient access to Downtown Fort Lauderdale, I-95, Wilton Manors, and the surrounding urban core. The area continues to experience significant public and private investment, with numerous new residential communities and commercial developments fueling demand for housing, neighborhood retail, and mixed-use projects.
Whether acquired as a single development opportunity or repositioned through separate parcel strategies, this property offers flexibility, strong underlying land value, and long-term upside in one of Broward County's fastest-growing redevelopment markets.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.34 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | B-1 and RD-15 - General Business District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.34 AC |
| Opportunity Zone |
Yes |
| Zoning | B-1 and RD-15 - General Business District |
1 Lot Available
Lot 3
| Price | $2,078,540 | Lot Size | 0.34 AC |
| Price Per AC | $6,095,407.34 |
| Price | $2,078,540 |
| Price Per AC | $6,095,407.34 |
| Lot Size | 0.34 AC |
31,762 SF of Land 3 Parcels
Property Taxes
| Parcel Number | 49-42-34-05-1340 | Improvements Assessment | $0 |
| Land Assessment | $547,380 | Total Assessment | $547,380 |
Property Taxes
Parcel Number
49-42-34-05-1340
Land Assessment
$547,380
Improvements Assessment
$0
Total Assessment
$547,380
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