104 Ne 5th St, Fort Lauderdale, FL 33301
- $850,000
- 2
- BD
- 1
- BA
- 1,470
- SqFt
- List Price
- $850,000
- MLS#
- A12039910
- Subdivision
- North Lauderdale Amended
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 2
- Full baths
- 1
- Living Area
- 1,470
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.
Additional Information
- Days on Market
- 39
- View
- None
- Tax Amount
- $7,487
- Parcel Number
- 504203022070
- Bedroom Description
- At Least 1 Bedroom Ground Level
- Front Exposure
- North
- Lot Size
- 3,225
- Parking Restrictions
- Driveway
- Address
- 104 Ne 5th St, Fort Lauderdale
- SqFt Liv Area
- 1,470
- Year Built
- 1935
- Design
- Detached, Two Story
- Development Name
- North Lauderdale Amended
- Style
- R30-No Pool/No Water, House
- Middle School
- Sunrise
- Senior High School
- Fort Lauderdale
- Restrictions
- No Restrictions
- Construction Type
- CBS Construction
- Interior Features
- First Floor Entry, Second Floor Entry, No Additional Rooms
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Listing Courtesy of Real Broker LLC, Contact: