Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

425 NE 3rd Ave
Fort Lauderdale, FL 33301
URBN Flagler Village · Land For Sale · 0.70 AC

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Located on Flagler Village's most prominent corridor, NE 3rd Avenue
  • Allocated density included at no additional cost and no workforce housing requirement

EXECUTIVE SUMMARY

Land Approved for Multifamily Development in Downtown Fort Lauderdale

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.70 AC
Zoning RAC - Regional Activity Center - City Center

1 LOT AVAILABLE

Lot

Lot Size 0.70 AC

DRC approved for 208 unit, 19-story project located in the heart of Flagler Village. Realistic capitalization under 20 story height and 208 units. Site Plan Approval extended through December 2025

DESCRIPTION

This is an opportunity to acquire a fully approved, multifamily development site in the heart of Fort Lauderdale’s most sought-after urban neighborhood. URBN's site plan is approved for a total of 208 units in 19 stories, including 146,250 leasable square feet of residential and commercial space. URBN’s attributes are precisely what developers are seeking in today’s market. In the current “flight to quality” market, this project's realistic development plan creates the opportunity to capitalize and build a luxury rental project in a highly visible location with limited new competition.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-03-02-2090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,221,117 CAD
  • Listing ID: 31000392

  • Date on Market: 2024-02-20

  • Last Updated:

  • Address: 425 NE 3rd Ave, Fort Lauderdale, FL 33301

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}