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Investment Highlights

  • Minutes to Beach and Las Olas Blvd
  • Shovel Ready - Fully Approved Plans

Executive Summary

Shovel-ready and primed to print money — 837 NE 20th Avenue is a turnkey development opportunity in Victoria Park, the hottest neighborhood in Fort Lauderdale. The site is fully designed for eight luxury townhomes across two private buildings, sitting on a ±17,400 SF (±0.40-acre) RO-zoned parcel. The heavy lifting is done: the buyer can break ground without delay and begin pre-selling units from day one.
This is the rare deal where the developer hands over the entire playbook. The acquisition includes the complete architectural design package by Austin Fox Architecture plus a full marketing and media suite — renderings, walkthrough video, floor plans, and site plans — everything needed to launch sales immediately and pre-sell the project while it's under construction. De-risk the entire pro forma before the first slab is poured.
The product is exactly what this market is starved for: eight contemporary townhomes of ±3,087–3,198 SF (3 bedrooms), each with a private two-car garage, a rooftop deck with hot-tub hookups, private plunge pools on select units, and Middle River water views from the upper floors. New-construction townhomes in Victoria Park are commanding premium per-foot pricing, leaving real spread between cost basis and sell-out.
Location does the heavy lifting. Victoria Park is Fort Lauderdale's most coveted address — historic, tree-lined, and walkable, yet minutes from everything. The site sits roughly 2 miles (a 5–10 minute drive) from the shops, restaurants, and nightlife of Las Olas Boulevard, and about 2.5 miles from Fort Lauderdale Beach, with Holiday Park, Flagler Village, the Downtown core, Brightline, and US-1 all close at hand. It anchors an affluent, fast-growing trade area — a one-mile radius with median household income above $107,000, median home values near $888,000, and projected population growth of roughly 9% through 2030. Demand is here, inventory is razor-thin, and shovel-ready competition at this caliber simply does not exist.
Opportunities like this — design done, media done, site ready, in the city's premier neighborhood — do not sit. Pricing, full due-diligence package, and complete design/media materials available upon request. All figures and measurements are approximate and should be independently verified by the buyer.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2027) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2027) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $5,626,920 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.40 AC
Zoning RO - Residential Office - The project is fully approved and shovel-ready. All entitlements, site plan approvals, and permitting are in place.

1 Lot Available

Lot

Price $5,626,920 CAD
Price Per AC $14,086,704.99 CAD
Lot Size 0.40 AC

±17,400 SF site in the heart of Fort Lauderdale's Victoria Park—minutes from Las Olas, Fort Lauderdale Beach, Flagler Village and Downtown, with water views. RO zoning, premier walkable location.

Description

837 NE 20th Avenue | Victoria Park | Fort Lauderdale, Florida One of the last fully entitled luxury townhome development opportunities positioned within Fort Lauderdale's next billion-dollar growth corridor. 837 NE 20th Avenue offers a rare opportunity to acquire a fully approved, construction-ready luxury residential development in Victoria Park—Fort Lauderdale's premier urban neighborhood and one of South Florida's highest-performing luxury housing markets. Approved for eight architecturally designed luxury townhomes on a ±17,400-square-foot (±0.40-acre) RO-zoned parcel, the project allows the next developer to bypass years of entitlement risk and move directly into vertical construction and pre-sales. In today's development environment, time has become one of the most expensive components of every project. Here, that time has already been invested. The approvals are complete. The architecture is complete. The branding, marketing, renderings, cinematic video, floor plans, and sales collateral have already been produced by Austin Fox Architecture and the development team, allowing the next owner to launch a sales campaign immediately while construction is underway. The residences have been designed specifically for the luxury buyer driving today's Fort Lauderdale market. Each home ranges from approximately 2,060 to 2,171 square feet, offering three- and four-bedroom floor plans with private two-car garages, expansive rooftop terraces with spa connections, future elevator capability, private plunge pools on select residences, and Middle River views from the upper floors. The design balances modern architecture with functional luxury, creating a product that continues to outperform within Victoria Park's limited new-construction inventory. Positioned at the Center of Fort Lauderdale's Next Transformation Few development sites benefit from as many long-term value drivers as 837 NE 20th Avenue. The property sits within walking distance of The Galleria, the centerpiece of one of South Florida's most significant urban redevelopment initiatives. Plans call for the transformation of the aging shopping center into a vibrant mixed-use district featuring approximately nine luxury residential towers, thousands of new residences, Class A office space, hospitality, restaurants, retail, public gathering spaces, and extensive infrastructure improvements. This multi-billion-dollar investment is expected to redefine the Sunrise Boulevard corridor while creating one of the region's premier live-work-play destinations. Just across the Middle River, residents overlook some of Fort Lauderdale's most prestigious waterfront neighborhoods, where luxury residences regularly command $10 million to more than $20 million. The project is surrounded by extraordinary wealth while offering buyers a substantially lower price point than neighboring waterfront estates—an equation that has consistently driven demand for luxury townhomes throughout Victoria Park. From the site, residents enjoy walkability to Holiday Park, The Galleria, waterfront dining, parks, and everyday conveniences, while remaining only minutes from Las Olas Boulevard, Fort Lauderdale Beach, Downtown, Flagler Village, Brightline, and Fort Lauderdale-Hollywood International Airport. Few neighborhoods in South Florida offer this combination of accessibility, lifestyle, and long-term appreciation potential. A Rare Institutional-Quality Infill Opportunity Luxury development sites in Victoria Park have become increasingly difficult to assemble, while buyer demand continues to outpace new inventory. The combination of limited land availability, accelerating population growth, billions of dollars of surrounding public and private investment, and continued migration into South Florida has created one of the strongest luxury residential markets in the state. 837 NE 20th Avenue represents more than a shovel-ready development—it is an opportunity to capitalize on an inflection point in Fort Lauderdale's evolution. The next owner acquires years of completed planning, a market-ready luxury product, and a location positioned to benefit from one of the city's largest redevelopment initiatives for decades to come. Fully approved. Construction ready. Sales ready. A development opportunity where the next chapter begins on day one—not years from now.

Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
50-42-01-21-0050
Land Assessment
$1,829,452 CAD (2026)
Improvements Assessment
$560,174 CAD (2026)
Total Assessment
$2,389,626 CAD (2026)
  • Listing ID: 40958922

  • Date on Market: 2026-06-17

  • Last Updated:

  • Address: 840 NE 19th Ter, Fort Lauderdale, FL 33304

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