104 NE 5th St, Fort Lauderdale FL 33301

Located in Broward County, this Residential Single Family Residence offers a rare opportunity in the rapidly evolving Flagler Village area of downtown Fort Lauderdale. Built in 1935, the detached two-story home sits on a 3,225-square-foot lot and provides 1,470 square feet of living space. The property is part of the NORTH LAUDERDALE AMENDED subdivision and is being offered as part of a larger development portfolio.

The home features first-floor entry, second-floor entry, no additional rooms, and no additional living room spaces. Comfort is supported by central air, ceiling fans, and central heating. A refrigerator is included, and driveway parking is available. The property has no designated view and is located along an unpaved road. Nearby schools include Sunrise Middle or Junior High School and Fort Lauderdale High School.

The larger Flagler Village portfolio includes three contiguous parcels totaling approximately 12,750 square feet, offered at $3,300,000. Zoned RAC-UV, or Regional Activity Center Urban Village, the assemblage may support ground-up multifamily, boutique mixed-use, or repositioning plans, with potential height of approximately 150 feet subject to approvals. Existing structures currently generate approximately $13,000 per month, providing income during the entitlement and planning process.

Walkability to FAT Village, the Brightline station, and Las Olas dining and shopping adds significant appeal. Preliminary concepts suggest the potential for approximately 38 to 42 mid-rise units. The three-parcel offering is priced at $3.3 million, while the complete four-parcel portfolio is available for $4.5 million. Nearby luxury towers trade around $880 to $960 per square foot, while loft-style properties range from approximately $390 to $550 per square foot.

Life in Fort Lauderdale offers year-round sunshine, beautiful beaches, boating, outdoor dining, nightlife, and convenient access to Miami, major airports, entertainment, and South Florida’s expanding transportation network. For developers, value-add investors, and long-term land bankers, 104 NE 5th St, Fort Lauderdale FL 33301 presents a compelling opportunity in one of the area’s most active urban growth districts.

Call or text +1 786.468.4380 for more information or to schedule a conversation. Tel/WhatsApp available.