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412-418 NE 2nd Ave - Flagler Village Multifamily Site 0.29 Acres of Commercial Land Offered at $3,873,492 CAD in Fort Lauderdale, FL 33301

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INVESTMENT HIGHLIGHTS

  • Located in sought-after Flagler Village
  • Build up to 53 units
  • Zoned RAC-CC (Residential Activity Center - Central City)

EXECUTIVE SUMMARY

418 NE 2nd Avenue is a premier development opportunity located in the heart of Fort Lauderdale’s thriving Flagler Village. Situated on approximately 12,763 square feet of land, this 0.29-acre parcel is zoned RAC-UV, allowing for high-density, mixed-use development under the City of Fort Lauderdale’s Unified Land Development Regulations.
The property is ideally positioned just two blocks from the upcoming $800 million FAT Village redevelopment by Hines—an expansive mixed-use destination that will bring new energy, retail, residential, and cultural offerings to the area. Additionally, the site is only seven blocks from the iconic Las Olas Boulevard, one of South Florida’s most vibrant corridors for dining, nightlife, and shopping.
The zoning and location provide exceptional flexibility for development. Depending on the parking solution, the property can accommodate up to 24 residential units with ground-level parking or up to 53 units with a combination of above-ground and underground systems. This makes 418 NE 2nd Avenue a highly attractive site for developers looking to capitalize on the continued momentum and transformation of Flagler Village.
With strong demand for walkable, urban housing and close proximity to Brightline, I-95, and downtown Fort Lauderdale, this site offers significant upside in one of the region’s most desirable and rapidly evolving neighborhoods.

PROPERTY FACTS

Price $3,873,492 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 0.29 AC
Zoning RAC-CC - Regional Activity Center - Central City This zoning designation is part of the City of Fort Lauderdale’s Unified Land Development Regulations (ULDR).

1 LOT AVAILABLE

Lot

Price $3,873,492 CAD
Price Per AC $13,220,108.74 CAD
Lot Size 0.29 AC

Vacant lot spanning 100' x 127.5', boasting convenient alley access for versatile development possibilities. Zoned RAC-CC (Residential Activity Center - Central City.

Walk Score®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-03-02-2220
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,142,266 CAD
  • Listing ID: 31894728

  • Date on Market: 2024-05-22

  • Last Updated:

  • Address: 412-418 NE 2nd Ave, Fort Lauderdale, FL 33301

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