Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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.

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
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 -
Show More > < Show Less
  • Listing ID: 40486020

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: Prime Flagler Village Assemblage, Fort Lauderdale, FL

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}