• Property Type
  • Single Family Residence, Residential
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 1470 sqft
  • Area Size
  • 1935
  • Year Built
104 NE 5th Street, Fort Lauderdale, FL 33301
  • $850,000

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.

  • Address: 104 NE 5th Street
  • City: Fort Lauderdale
  • State/County: FL
  • Zip/Postal Code: 33301

Details

Updated on July 31, 2026 at 8:59 am
  • MLS # A12039910
  • Price $850,000
  • Property Size 1470 sqft
  • Land Area 0.07 sqft
  • Bedrooms 2
  • Bathroom 1
  • Garage Size x x
  • Year Built 1935
  • Property Status Active
  • Office Name Real Broker LLC
  • Agent Name Tamara Davis

Additional Details

  • Listing Terms Cash, Conventional
  • Roof Shingle
  • Sewer Public Sewer
  • Cooling Central Air, Ceiling Fan(s)
  • Heating Central
  • Flooring Laminate, Tile
  • County Broward
  • Property Type Residential
  • Parking Driveway
  • Elementary School Walker
  • Middle School Sunrise
  • High School Fort Lauderdale

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