Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.4 Acres |
Financials
Price:$2,734,375
Listing Courtesy of Native Realty Co.
Two parcels. Being sold as a Development Site in Flagler Village.
Description
Two parcels. Being sold as a Development Site in Flagler Village. Can also purchase neighboring 3 parcels. Please do not disturb tenants. Call with any questions. Situated in the heart of Flagler Village, this rare two-parcel assemblage offers an exceptional development opportunity on one of the neighborhood’s busiest and most prominent corridors. With a total land size of 15,625 SF (0.36 acres), the property benefits from a massing study confirming at least 28 units can be built by right, making it an ideal site for multifamily or mixed-use development.Flagler Village is one of Fort Lauderdale’s most sought-after urban neighborhoods, experiencing explosive growth with new residential, retail, and cultural projects. According to recent RentCafe data, Fort Lauderdale ranks as Florida’s #1 rental market and continues to have strong demand for housing.The current property includes:* 730 NE 3rd Ave: Seven existing apartments (fully leased) providing immediate income.* 724 NE 3rd Ave: A two-bedroom home with a large yard (owner occupied).This is a rare chance to secure a high-exposure development site in one of South Florida’s fastest-growing submarkets.This listing may be purchased separately or as part of a larger 1-acre assemblage opportunity on the block.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.