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Development Site: 736-738 NE 3rd Ave 736-738 NE 3rd Ave 3,113 SF Retail Building Fort Lauderdale, FL 33304 $3,350,000 ($1,076.13/SF)



INVESTMENT HIGHLIGHTS
- Development Site
- Retail + Residential
- Prime Location in Flagler Village
EXECUTIVE SUMMARY
Exceptional development opportunity in the heart of booming Flagler Village! This 9,375 SF site features a high-visibility location on NE 3rd Avenue, surrounded by new mixed-use projects, restaurants, and art-inspired destinations. The property currently includes a retail storefront (salon) in the front, three residential units in the rear, a pool, and on-site parking, providing strong interim income while you finalize development plans. Located within the RAC-UV zoning district, this site offers flexible development potential in one of Fort Lauderdale’s most dynamic and rapidly evolving neighborhoods. Perfect for investors, developers, or end users seeking a prime position in the urban core.
A larger assemblage totaling over 1 acre—including neighboring parcels—is also available, offering an even greater large-scale development opportunity.
A larger assemblage totaling over 1 acre—including neighboring parcels—is also available, offering an even greater large-scale development opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
3,113 SF
Building Class
C
Year Built/Renovated
1952/2023
Price
$3,350,000
Price Per SF
$1,076.13
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.50 AC
Zoning
RAC-UV - Urban Village District
Parking
7 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
260’ on Northeast 3rd Avenue
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-42-34-07-2080 | Improvements Assessment | $296,170 |
| Land Assessment | $225,000 | Total Assessment | $521,170 |
PROPERTY TAXES
Parcel Number
49-42-34-07-2080
Land Assessment
$225,000
Improvements Assessment
$296,170
Total Assessment
$521,170
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Development Site: 736-738 NE 3rd Ave | 736-738 NE 3rd Ave
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