1123 4th Ave - Commercial LAND FOR SALE


Fort Lauderdale, FL 33304- South Middle River64,469 SF
$4,800,000 USD
954-245-3492
1123 4th Ave, Fort Lauderdale, FL for Sale
$4,800,000 USD
Commercial LAND - FOR SALE
1/8
64,469 SF

1123 4th Ave
Fort Lauderdale, FL 33304
South Middle River


HIGHLIGHTS

  • 1.48 Acres
  • CB Zoning | Opportunity Zone
  • Eligible for Live Local

OVERVIEW

Aaron O’Connor, Joseph Thomas and The Thomas Team of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale 1123 NE 4th Avenue, a 1.48-acre development site located just north of Sunrise Boulevard in Fort Lauderdale, Florida. The property is located within a designated Opportunity Zone and falls under CB (Community Business) zoning, allowing for a wide range of commercial, mixed-use, and residential development opportunities. Additionally, the zoning makes the property eligible to take advantage of Florida’s Live Local Act, offering developers substantial incentives and zoning flexibility for attainable housing. Situated on 64,587 square feet of land, 1123 NE 4th Avenue offers excellent frontage and close proximity to Downtown Fort Lauderdale, Flagler Village and Progresso Village. The property is offered for sale at $4,800,000, or approximately $74 per square foot of land. 1123 NE 4th Avenue is strategically positioned just north of Downtown Fort Lauderdale and boasts 8.47% population growth since 2010 with an average household income of $106,630 within a 3-mile radius. The area features a healthy mix of luxury, market-rate, and affordable housing projects, as well as new restaurants, entertainment concepts, and grocery-anchored retail developments

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/ACRE

$3,243,233/AC

PRICE/SF

$74 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.48 AC

LAND SF

64,469 SF

OFFSITE IMPROVEMENTS

-

ZONING

CB

APN/PARCEL ID

49-42-34-04-0280

ASK ABOUT THIS PROPERTY

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.