104 Ne 5th St, Fort Lauderdale, FL 33301
- $850,000
- 2
- BD
- 1
- BA
- 1,470
- SqFt
- List Price
- $850,000
- MLS#
- A12039910
- Bedrooms
- 2
- Bathrooms
- 1
- Sq. Ft
- 1,470
- Lot Size
- 3,225
- Subtype
- Single Family Residence
- County
- Broward
- Community
- North Lauderdale Amended
- Subdivision
- North Lauderdale Amended
- Year Built
- 1935
Property Description
Prime Flagler Village Portfolio -3 Properties Offered at $3,300,000 in Fort Lauderdale, FL. A rare development opportunity in the rapidly transforming Flagler Village neighborhood of Downtown Fort Lauderdale. The portfolio includes 3 contiguous parcels totaling 12,750 SF.. Zoned RAC-UV (Regional Activity Center – Urban Village), 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 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. $3.3 million for three parcels or $4.5 million for the complete four-parcel. These properties deliver exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in Fort Lauderdale.
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Additional Information
- Front Exposure
- North
- Status Label
- ACTIVE
- Construction
- CBS Construction
- Cooling
- Ceiling Fan(s), Central Air
- Equipment
- Refrigerator
- Flooring
- Tile
- Heating
- Central
- Lot Description
- Less Than 1/4 Acre Lot
- Parking
- Driveway
- Roof
- Shingle
- Bedroom Description
- At Least 1 Bedroom Ground Level
- Taxes
- $7,487
- View
- None
- Roofing
- Shingle
- Price Per Sqft
- $578
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Listing Courtesy Of Real Broker LLC, Contact: