724-730 3rd AVE, Fort Lauderdale, FL 33304
724-730 3rd AVE, Fort Lauderdale, FL 33304
724-730 3rd AVE, Fort Lauderdale, FL 33304
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$2,734,375
Est. payment /mo
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


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BeachesMLS, Inc. (FLR) IDX
Listed by Jeremiah Adler Native Realty Co.

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Kevin Morris

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+1(954) 756-5030

kevinsellshomeshere@gmail.com

934 N University Dr. Suite 226, Springs, FL, 33071, United States

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724-730 3rd AVE