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$ 2,734,375
Est. payment /mo
Active
724-730 3rd AVE Fort Lauderdale, FL 33304
4,369 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,369 sqft
Price per Sqft $625
MLS Listing ID F10530033
HOA Y/N No
Year Built 1960
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Multi Family
Property 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.
Location
State FL
County Broward
Area 3270
Interior
Interior Features InteriorFeatures
Flooring Tile
Fireplace No
Exterior
Parking Features Assigned, Common
Roof Type Composition,Shingle
Road Frontage City Street
Building
Lot Description City Lot
Dwelling Type Office,Retail
Story 1
Structure Type Block
Others
Tax ID 494234072070
Virtual Tour https://www.propertypanorama.com/724730-NE-3rd-Ave-Fort-Lauderdale-FL-33304/unbranded
Listed by Jeremiah Adler Native Realty Co.
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