100 NE 5th St, Fort Lauderdale FL 33301

Discover a rare development and investment opportunity in the heart of Fort Lauderdale’s rapidly transforming Flagler Village. Located in Broward County, this property is part of the NORTH LAUDERDALE AMENDED subdivision and is offered within a three-property portfolio priced at $3,300,000. The three contiguous parcels total 12,750 square feet, with an option to acquire the complete four-parcel assemblage for $4,500,000.

Zoned RAC-UV, or Regional Activity Center Urban Village, the site may support a ground-up multifamily project, boutique mixed-use concept, or value-add redevelopment strategy. Height potential may reach approximately 150 feet, subject to city approvals. Preliminary analysis indicates potential for approximately 38 to 42 mid-rise units. Nearby luxury towers are trading around $880 to $960 per square foot, while loft-style properties range from approximately $390 to $550 per square foot, creating an attractive opportunity for developers, long-term investors, and land bankers.

The existing 1935 single-family residence offers approximately 672 square feet of living area on a 3,150-square-foot lot and currently contributes to portfolio income. The property features a detached, one-story design, first-floor entry, a Florida Room, central air, ceiling fans, central electric heating, and a dishwasher. There is a two-car carport, guest parking, and no view. The community includes an unpaved road. Local schools include Sunrise Middle or Junior High School and Fort Lauderdale High School.

Current structures across the portfolio generate approximately $13,000 per month during the entitlement and planning process. The walkable location is close to FAT Village’s creative corridor, the Brightline station, Las Olas dining and retail, and Downtown Fort Lauderdale.

South Florida living adds even more appeal, with warm weather, beautiful beaches, boating, excellent dining, vibrant nightlife, cultural attractions, and convenient connections throughout Miami, Fort Lauderdale, and beyond. 100 NE 5th St, Fort Lauderdale FL 33301 is positioned for strong future demand in one of the region’s most active urban growth areas.

For more information or to schedule a conversation, call or text Tel/WhatsApp at +1 786.468.4380.