612 NE 2nd Ave
- 12-unit multifamily asset in Flagler Village
- Strong unit mix: 10 one-bedroom units and 2 two-bedroom units
- Located within RAC-UV zoning allowing higher density redevelopment
- Positioned in one of Fort Lauderdale’s fastest-growing submarkets
- Proximity to Flagler Village, FAT Village, and Downtown Fort Lauderdale
Property Description
Native Realty is pleased to present a 12-unit multifamily investment opportunity located in the heart of Flagler Village, one of Fort Lauderdale’s fastest-growing urban submarkets. The property consists of a 7,330 SF two-story building situated on approximately 13,500 SF of land. The unit mix includes ten 1-bedroom / 1-bath units and two 2-bedroom / 1-bath units, offering a balanced layout attractive to the area’s renter demographic. Units feature functional floorplans with strong natural light, tile flooring, and efficient kitchen layouts. The property also includes on-site parking and a simple configuration, allowing for ease of management. Positioned within RAC-UV zoning, the site benefits from flexible development potential, supporting higher density residential and mixed-use projects. The location places the asset within close proximity to Flagler Village, FAT Village, and Downtown Fort Lauderdale, where continued development is driving rental demand and long-term appreciation. This offering provides investors with a clear value-add opportunity through unit upgrades and rent growth, as well as long-term redevelopment upside in a rapidly evolving corridor.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,700,000 |
| No. of Units: | 12 |
| Year Built: | 1973 |
| Lot Size: | 0.31 Acres |
| Opportunity Zone: | No |
| Price per unit: | $225,000 |
| Property Website | Click Here |
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout