724-730 NE 3rd Ave
- Two Parcel Assemblage
- Option to Acquire Neighboring Parcels as Well
- 28 Units Can Be Built By Right
Property Description
Situated in the heart of Flagler Village, this rare two-parcel assemblage offers an exceptional development opportunity on one of the neighborhood’s busiest and most prominent corridors. With a total land size of 15,625 SF (0.36 acres), the property benefits from a massing study confirming at least 28 units can be built by right, making it an ideal site for multifamily or mixed-use development. Flagler Village is one of Fort Lauderdale’s most sought-after urban neighborhoods, experiencing explosive growth with new residential, retail, and cultural projects. According to recent RentCafe data, Fort Lauderdale ranks as Florida’s #1 rental market and continues to have strong demand for housing. The current property includes: * 730 NE 3rd Ave: Seven existing apartments (fully leased) providing immediate income. * 724 NE 3rd Ave: A two-bedroom home with a large yard (owner occupied). This is a rare chance to secure a high-exposure development site in one of South Florida’s fastest-growing submarkets. Listing is for parcels #494234072060 & 494234072070 This listing may be purchased separately or as part of a larger 1-acre assemblage opportunity on the block.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,734,375 |
| No. of Units: | 1 |
| Year Built: | 1946 |
| Lot Size: | 0.36 Acres |
| Opportunity Zone: | No |
| Price per unit: | $2,734,375 |
| 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