739 NE 5th Avenue, Fort Lauderdale FL 33304

Description

Pleased to present an exclusive opportunity to own a piece of the most dynamic urban neighborhood in Fort Lauderdale, Flagler Village.739 NE 5th Avenue is a residential, infill lot with an existing home in the heart of Flagler Village.The property is zoned RAC-UV which encourages high-density multifamily development insuring the property’s future value. In addition, the existing home allows an owner the rare opportunity to generate cashflow with simple, residential tenancy until the property is redeveloped. 739 NE 5th Avenue is in the heart of Flagler Village, surrounded by, and walking distance to, massive, new developments including:Searstown - spanning 5.2 acres and incorporating two additional parcels, this project will introduce nearly 1,500 apartments across five buildings, along with a hotel and over 100,000 square feet of retail, office, and restaurant space.FAT Village – this project spans 5.6 acres and offers a compelling blend of 603 apartments, 180,000 square feet of Class A office space, and approximately 70,000 square feet of retail space. A joint endeavor by Hines and Urban Street Development, this venture is strategically positioned at 545 North Andrews Avenue and 501 Northwest First Avenue within the Flagler Village community. Renowned for its creative and technological vibrancy, this neighborhood is set to elevate its standing with the addition of this exciting new development.Experience the evolution of Flagler Village firsthand, poised at the nexus of growth and opportunity.There is no better priced opportunity to own land in Flagler Village.