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Executive Summary
521 Flagler is a strategically located single-tenant investment property in the heart of Fort Lauderdale’s rapidly evolving urban core. The property is 100% occupied to the City of Fort Lauderdale under a NNN lease - offering investors durable in-place cash flow with limited landlord expense exposure. Positioned just north of Downtown Fort Lauderdale and within the RAC-CC zoning district, the asset benefits from a highly flexible urban zoning framework that supports long-term redevelopment potential in one of the city’s most active growth corridors.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,017 SF
Building Class
B
Year Built
1992
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,009 SF
Building FAR
0.39
Lot Size
0.47 AC
Zoning
RAC-CC
Parking
39 Spaces (4.86 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Air Conditioning
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Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 50-42-03-02-0250 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,212,186 CAD |
Property Taxes
Parcel Number
50-42-03-02-0250
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,212,186 CAD
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521 Flagler | 521 NE 4th Ave
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