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Santiago Martinez

contact@santymartinez.com +1(305) 871-9669

$ 850,000

Est. payment -/mo

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104 NE 5th St Fort Lauderdale, FL 33301

2 Beds

1 Bath

1,470 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,470 sqft

Price per Sqft $578

Subdivision North Lauderdale Amended

MLS Listing ID A12039910

Style Detached,Two Story

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1935

Annual Tax Amount $7,487

Tax Year 2025

Lot Size 3,225 Sqft

Property Sub-Type Single Family Residence

Property Description

Prime Flagler Village Portfolio -3 Properties Offered at $3,300,000 in Fort Lauderdale, FL. A rare development opportunity in the rapidly transforming Flagler Village neighborhood of Downtown Fort Lauderdale. The portfolio includes 3 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), 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 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. $3.3 million for three parcels or $4.5 million for the complete four-parcel. These properties deliver exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in Fort Lauderdale.

Location

State FL

County Broward

Community North Lauderdale Amended

Area 3460

Interior

Interior Features Bedroom on Main Level, Second Floor Entry, First Floor Entry

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Laminate, Tile

Appliance Refrigerator

Exterior

Exterior Feature Fence

Pool None

View Y/N No

View None

Roof Type Shingle

Street Surface Unimproved

Garage No

Private Pool No

Building

Lot Description < 1/4 Acre

Faces North

Story 2

Sewer Public Sewer

Water Public

Architectural Style Detached, Two Story

Level or Stories Two

Structure Type Block

Schools

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Senior Community No

Restrictions No Restrictions

Tax ID 504203022070

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Real Broker LLC

Santiago Martinez

Realtor

+1(305) 871-9669

Santiago Martinez

104 NE 5th St Fort Lauderdale, FL 33301

Key Details

Location

Interior

Exterior

Building

Schools

Others

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104 NE 5th St