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Prime Flagler Village Assemblage 3 Properties Offered at $3,300,000 in Fort Lauderdale, FL



Investment Highlights
- Three contiguous parcels plus optional fourth parcel comprising a 19,125 SF corner assemblage in Downtown Fort Lauderdale.
- Height potential up to approximately 150 feet, enhancing vertical development flexibility.
- Interim structures generate $13,000 in-place income during entitlement and planning.
- Zoned RAC-UV allowing versatile uses including multifamily, mixed-use, or boutique redevelopment.
- Within walking distance of FAT Village, Brightline’s high-speed rail station, and the Las Olas urban lifestyle district.
- Conceptual capacity for 38–42 mixed-use condominium units with favorable margin potential relative to area comps.
Executive Summary
This offering represents a rare urban infill development opportunity within the rapidly transforming Flagler Village neighborhood of Downtown Fort Lauderdale. The portfolio includes three contiguous parcels totaling 12,750 SF, with an option to secure a fourth parcel for full 19,125 SF control. Zoned RAC-UV (Regional Activity Center – Urban Village), the assemblage supports ground-up multifamily, boutique mixed-use, or repositioning strategies with height potential up to approximately 150 feet, subject to approvals.
Current structures provide income during entitlement and planning phases, generating approximately $13,000 monthly—a strategic advantage for developers seeking cash flow during pre-construction. The site’s walkability to FAT Village’s creative corridor, Brightline's downtown station, and Las Olas dining and retail amplifies its desirability for urban residential or mixed-use concepts.
Preliminary conceptual analysis suggests feasibility for 38–42 units at mid-rise scale, with competitive pricing scenarios indicating attractive profit margins in comparison to local benchmarks, including nearby luxury towers trading at $880–$960/SF and loft-style assets in the $390–$550/SF range. Offered at $3.3 million for three parcels or $4.5 million for the complete four-parcel assemblage, this property delivers exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in the Fort Lauderdale growth corridor.
Current structures provide income during entitlement and planning phases, generating approximately $13,000 monthly—a strategic advantage for developers seeking cash flow during pre-construction. The site’s walkability to FAT Village’s creative corridor, Brightline's downtown station, and Las Olas dining and retail amplifies its desirability for urban residential or mixed-use concepts.
Preliminary conceptual analysis suggests feasibility for 38–42 units at mid-rise scale, with competitive pricing scenarios indicating attractive profit margins in comparison to local benchmarks, including nearby luxury towers trading at $880–$960/SF and loft-style assets in the $390–$550/SF range. Offered at $3.3 million for three parcels or $4.5 million for the complete four-parcel assemblage, this property delivers exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in the Fort Lauderdale growth corridor.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,300,000 | Number of Properties | 3 |
| Price / SF | $927.49 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 3,558 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.29 AC |
| Status | Active |
| Price | $3,300,000 |
| Price / SF | $927.49 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,558 SF |
| Total Land Area | 0.29 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 442 NE 1st Ave, Fort Lauderdale, FL 33301 | Multifamily | 1,337 SF | 1959 | - |
| 104 NE 5th St, Fort Lauderdale, FL 33301 | Specialty | 1,470 SF | 1940 | - |
| 100 NE 5th St, Fort Lauderdale, FL 33301 | Specialty | 751 SF | 1939 | - |
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Prime Flagler Village Assemblage
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