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Executive Summary

Situated at the intersection of NW 7th Avenue (Avenue of the Arts) and NW 3rd Street, this ±3.2-acre split development assemblage represents a compelling redevelopment opportunity in Fort Lauderdale’s rapidly evolving Progresso Village neighborhood. The site benefits from exceptional visibility and accessibility, positioned just north of Downtown Fort Lauderdale and in immediate proximity to Flagler Village, FAT Village, and the city’s primary employment and entertainment corridors. Comprising multiple contiguous parcels, the property offers the scale and flexibility necessary to support a mixed-use, affordable, workforce or market rate multifamily development. The surrounding area continues to experience significant public and private investment, driven by its proximity to the Brightline station, Las Olas Boulevard, and major transportation arteries. With strong demographic growth, increasing rental demand, and ongoing neighborhood revitalization, the site is ideally positioned to capitalize on the continued expansion of Fort Lauderdale’s urban core.

Property Facts

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Land Area 3.25 AC

Properties

Property Name / Address Property Type Size Individual Price
721-723 NW 3rd Ave, Fort Lauderdale, FL 33311 Land 1.77 AC -
Avenue of the Arts
714 NW 7th Ave, Fort Lauderdale, FL 33301
Land 1.48 AC -
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  • Listing ID: 41824719

  • Date on Market: 8/20/2026

  • Last Updated:

  • Address: Avenue Of The Arts Assemblage, Fort Lauderdale, FL

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