$799,000
For Sale

739 NE 5th Avenue

Fort Lauderdale, FL 33304
1456 sqft | 2 beds | 1.5 baths | 0.16 acres | #FX-10435960
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Utility FeaturesPublic Sewer, Public Water
      • Property SubtypeSingle Family Detached
      • SubdivisionFlagler Village
      • Exterior FeaturesScreen Porch
      • Exterior MaterialsScreen Porch
      • RoofComposition
      • MLS #FX-10435960
      • MLS #FX-10435960
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • Property TypePurchase
      • Original List Price$995,000
      • CoolingCentral
      • HeatingCentral
      • CountyBroward
      • ZoningRAC-UV
      • Taxes Annual$5,396
      • Cost799000
      • Acres0.155
      • Square Feet1456
      • Lot Size (sqft)6750
      • Year Built1946
      • Bathrooms1.5
      • Bedrooms2
      • Full Baths1
      • Half Baths1
      • Parking Spaces1

Location

Juan Mestre, ​Realtor Associate, PSA, SFR, RSPS, AHWD & C2EX®Realtor® Associate with Berkshire Hathaway Home Services Real Estate Group
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