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Residential

739 5th

Fort Lauderdale, FL 33304

ML#:F10435960
List Price:$799,000
Status:Closed
Days on Market:681
Listing Brkr:Katalyst Real Estate & Development LLC
Subdivision:Flagler Village
Bedrooms:2
Baths:1.5
SqFt (Liv):1,456
Lot Size:6750 sqft
Year Built:1946
Stories:1

General Information

Type Property:Residential
Style:Single Family Residence
Pool:—
Garage Spaces:1
Parking:—

Location Information

County:Miami-Dade County
Zip:33304
Subdivision:Flagler Village
Latitude:26.133081
Longitude:-80.139204

Rooms

Total Rooms:1
Bedrooms:2
Full Baths:1
Half Baths:1

Additional Features

Interior:First Floor Entry, Family Room
Appliances:Disposal
Flooring:Tile, Vinyl
Heating:Central
Cooling:Central Air
Construction:Concrete Block Construction
Waterfront:No

Financial Information

Annual Taxes (2023):$5,396
Original Price:$995,000
Days on Market:681

Remarks

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.

Listing Agent

Donald A Ginsburg

Katalyst Real Estate & Development LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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