Currently, the Fort Lauderdale market presents approximately 164 multifamily homes listed for sale, with a median listing price of $798,000. These properties reflect an average price per square foot of $379 and a median capitalization rate of 5%, while the average price per unit stands at roughly $285,000. Within this landscape, the subject property is positioned attractively, offering a competitive price per unit of $46,370.97. The property benefits from a maximum residential density of 25 dwelling units per net acre under its existing zoning, with the seller actively pursuing an increase in density to RM-50, which would further enhance development potential. The property is currently zoned within the RMM-25 district of Fort Lauderdale, formally designated as “Residential Multifamily Mid-Rise/Medium High Density.” This zoning category is specifically designed to accommodate mid-rise multifamily residences and certain tourist accommodations, making it particularly well-suited for investors focused on rental housing or short-term residential projects. While the district does not stipulate an explicit maximum floor area ratio (FAR), Fort Lauderdale typically evaluates FAR based on the proposed use and compatibility with the surrounding neighborhood. As such, developers are provided with a degree of flexibility, allowing them to tailor projects to market demand while maintaining compliance with city guidelines. Beyond the zoning potential, the property’s location within Lauderdale Lakes offers a highly strategic advantage. The site provides immediate access to major transportation arteries, including Interstate 95 and Florida’s Turnpike, ensuring connectivity across South Florida. It is also just minutes from Fort Lauderdale–Hollywood International Airport and is surrounded by a growing base of economic activity, enhancing both accessibility and desirability for future tenants. These locational attributes make Lauderdale Lakes a compelling submarket for investors and developers seeking to participate in South Florida’s strong growth trajectory. From an investment standpoint, several key factors make this area particularly appealing for new development. First, rising property values across the region highlight both ongoing demand and the potential for capital appreciation, while steady population growth ensures consistent housing requirements. At the same time, the persistent affordability gap—characterized by limited housing supply at attainable price points—creates a unique opportunity for developers to introduce new multifamily product that meets the needs of a diverse tenant base. Furthermore, strong rental demand in the market underscores the viability of multifamily investments, while the region’s overall economic stability, supported by steady household incomes, reinforces purchasing power and long-term resilience. The average household income in Lauderdale Lakes is currently $74,617, a figure that not only signals economic stability but also demonstrates the community’s capacity to support higher-quality housing, retail establishments, and neighborhood amenities. Income growth within the area reflects an improving standard of living, which in turn drives demand for mixed-use developments, enhanced residential communities, and commercial expansion. As incomes continue to rise, the opportunity exists for developers to cater to a growing middle-income demographic by delivering multifamily housing, rental communities, and commercial projects that strike a balance between affordability and profitability. For developers and investors, this confluence of rising property values, sustained population growth, and increasing household incomes positions Lauderdale Lakes as a market of strong long-term potential. The demand for additional housing, retail, and essential services will continue to expand, generating opportunities not only for residential projects but also for retail centers, restaurants, and mixed-use developments. With architectural drawings available to qualified buyers upon the execution of an NDA, this property represents an ideal opportunity to participate in the ongoing transformation of one of South Florida’s most strategically located and economically promising submarkets.