$850,000Active

104 NE 5th Street, Fort Lauderdale, FL 33301

Fort Lauderdale, FL 33301

Beds

Baths

1,470

Sq Ft

$578

$/Sq Ft

1935

Year Built

0.07 acres

Lot Size

Listing Snapshot

List Price	$850,000
Price / Sq Ft	$578
Beds	2
Baths	1
Living Area	1,470 sqft
Lot Size	0.07 acres

Year Built	1935
Property Tax	$7,487/yr
MLS #	1175377887
Status	Active

About This Home

Prime Flagler Village Portfolio -3 Properties Offered at $3,300,000 in Fort Lauderdale, FL. A rare development opportunity in the rapidly transforming Flagler Village neighborhood of Downtown Fort Lauderdale. The portfolio includes 3 contiguous parcels totaling 12,750 SF, with an option to secure a fourth parcel for full 19,125 SF control. Zoned RAC-UV (Regional Activity Center – Urban Village), assemblage supports ground-up multifamily, boutique mixed-use, or repositioning strategies with height potential up to approximately 150 feet, subject to approvals. Current structures provide income during entitlement and planning phases, generating approximately $13,000 monthly—a strategic advantage for developers seeking cash flow during pre-construction. The site’s walkability to FAT Village’s creative corridor, Brightline station, and Las Olas dining and retail amplifies its desirability for urban residential or mixed-use concepts. Preliminary conceptual analysis suggests feasibility for 38–42 units at mid-rise scale, with competitive pricing scenarios indicating attractive profit margins in comparison to local benchmarks, including nearby luxury towers trading at $880–$960/SF and loft-style assets in the $390–$550/SF range. $3.3 million for three parcels or $4.5 million for the complete four-parcel. These properties deliver exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in Fort Lauderdale.