104 NE 5th St, Fort Lauderdale, FL 33301

• 2 beds |
• 1 bath |
• 1,470 sqft

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.. 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.

Listing Status:

Active

Date Added:

June 20, 2026

Data Last Updated:

June 23, 2026 at 1:06AM

Listing Office:

Real Broker LLC : 855-450-0442

Listing Agent:

Tamara Davis : 954-806-4153

MLS ID:

A12039910

Interior

• General: First Floor EntrySecond Floor EntryNo Additional Rooms
• Appliances: Refrigerator
• Flooring: Tile
• A/C: Ceiling Fan(s)Central Air
• Heating: Central

Exterior

• Style: DetachedTwo Story
• Parking: Driveway

Construction

• Roofing: Shingle
• General: CBS Construction

Location

• Originating MLS: Miami Association of REALTORS®
• County: Broward County

Lot

• Zoning: RAC-UVNORTH LAUDERDALE AMENDED PLAT 1-182 D LOT 47 LESS W 63 & LOT 48 LESS W 63 BLK 28504203022070
• View: None
• Fencing: Fenced

Utilities

• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®