724-730 NE 3rd Ave, Fort Lauderdale, FL for sale

Investment Overview

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.

Investment Highlights

• Two Parcel Assemblage
• Option to Acquire Neighboring Parcels as Well
• 28 Units Can Be Built By Right