Prime Flagler Village Assemblage FOR SALE


Fort Lauderdale, FL - Flagler Heights
$3,300,000 USD
954-829-4125
, Fort Lauderdale, FL for Sale
$3,300,000 USD
FOR SALE
1/36
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Prime Flagler Village Assemblage
Fort Lauderdale, FL
Flagler Heights


HIGHLIGHTS

  • Three contiguous parcels plus optional fourth parcel comprising a 19,125 SF corner assemblage in Downtown Fort Lauderdale.
  • Zoned RAC-UV allowing versatile uses including multifamily, mixed-use, or boutique redevelopment.
  • Height potential up to approximately 150 feet, enhancing vertical development flexibility.
  • Within walking distance of FAT Village, Brightline’s high-speed rail station, and the Las Olas urban lifestyle district.
  • Interim structures generate $13,000 in-place income during entitlement and planning.
  • Conceptual capacity for 38–42 mixed-use condominium units with favorable margin potential relative to area comps.

OVERVIEW

This offering represents a rare urban infill development opportunity within the rapidly transforming Flagler Village neighborhood of Downtown Fort Lauderdale. The portfolio includes three 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), the 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's downtown 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. Offered at $3.3 million for three parcels or $4.5 million for the complete four-parcel assemblage, this property delivers exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in the Fort Lauderdale growth corridor.

ASK ABOUT THIS PROPERTY

Robert SzaboThe MIAMI Association of RealtorsMore Info
954-829-4125

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Robert SzaboThe MIAMI Association of RealtorsMore Info
954-829-4125

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