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$4,644,787
Est. payment /mo
10,125 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10514756
Total Fin. Sqft 20251
Year Built 1959
Tax Year 2024
Lot Size 10,125 Sqft
Property Sub-Type Income/Multi-Family
Property Description
This 15-unit multifamily assemblage is located in Fort Lauderdale's thriving Flagler Village, just blocks from Las Olas Blvd and Downtown. It includes twelve 1-bed/1-bath units and three 2-bed/1-bath units, ideal for strong rental demand. Surrounded by new restaurants, retail, and over $2B in nearby developments, the area continues to see rapid growth. The property offers stable occupancy, immediate cash flow, and long-term upside through operational improvements or redevelopment. Zoned for high-density multifamily and mixed use, it presents a rare covered land play in one of the city's most in-demand rental markets.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RAC-UV
Others
Virtual Tour https://www.propertypanorama.com/735-745-NE-5th-Ave-Unit-15-Fort-Lauderdale-FL-33304/unbranded
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Listed by Native Realty Co.
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