104 NE 5th Street, Fort Lauderdale, FL 33301
- $850,000
- $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
Open on Google Maps- 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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