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


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
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.70 AC |
| Zoning | RAC - Regional Activity Center - City Center | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.70 AC |
| Zoning | RAC - Regional Activity Center - City Center |
1 LOT AVAILABLE
Lot
| Lot Size | 0.70 AC |
| 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
| Parcel Number | 50-42-03-02-2090 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,221,117 CAD |
