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Investment Highlights

  • Minutes to Beach and Las Olas Blvd
  • Shovel Ready - Fully Approved Plans

Executive Summary

Shovel-ready and primed to print money — 837 NE 20th Avenue is a turnkey development opportunity in Victoria Park, the hottest neighborhood in Fort Lauderdale. The site is fully designed for eight luxury townhomes across two private buildings, sitting on a ±17,400 SF (±0.40-acre) RO-zoned parcel. The heavy lifting is done: the buyer can break ground without delay and begin pre-selling units from day one.
This is the rare deal where the developer hands over the entire playbook. The acquisition includes the complete architectural design package by Austin Fox Architecture plus a full marketing and media suite — renderings, walkthrough video, floor plans, and site plans — everything needed to launch sales immediately and pre-sell the project while it's under construction. De-risk the entire pro forma before the first slab is poured.
The product is exactly what this market is starved for: eight contemporary townhomes of ±2,060–2,171 SF (3–4 bedrooms), each with a private two-car garage, a rooftop deck with hot-tub hookups, private plunge pools on select units, and Middle River water views from the upper floors. New-construction townhomes in Victoria Park are commanding premium per-foot pricing, leaving real spread between cost basis and sell-out.
Location does the heavy lifting. Victoria Park is Fort Lauderdale's most coveted address — historic, tree-lined, and walkable, yet minutes from everything. The site sits roughly 2 miles (a 5–10 minute drive) from the shops, restaurants, and nightlife of Las Olas Boulevard, and about 2.5 miles from Fort Lauderdale Beach, with Holiday Park, Flagler Village, the Downtown core, Brightline, and US-1 all close at hand. It anchors an affluent, fast-growing trade area — a one-mile radius with median household income above $107,000, median home values near $888,000, and projected population growth of roughly 9% through 2030. Demand is here, inventory is razor-thin, and shovel-ready competition at this caliber simply does not exist.
Opportunities like this — design done, media done, site ready, in the city's premier neighborhood — do not sit. Pricing, full due-diligence package, and complete design/media materials available upon request. All figures and measurements are approximate and should be independently verified by the buyer.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2027) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2027) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $4,200,000
Sale Type Investment
Sale Conditions
Distress Sale
  • 1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.40 AC
Zoning RO - Residential Office - The project is fully approved and shovel-ready. All entitlements, site plan approvals, and permitting are in place.

1 Lot Available

Lot

Price $4,200,000
Price Per AC $10,514,483.70
Lot Size 0.40 AC

±17,400 SF site in the heart of Fort Lauderdale's Victoria Park—minutes from Las Olas, Fort Lauderdale Beach, Flagler Village and Downtown, with water views. RO zoning, premier walkable location.

Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40958922

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 840 NE 19th Ter, Fort Lauderdale, FL 33304

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