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Fort Lauderdale Multifamily Development Opportunity

Fort Lauderdale, FL 33311, Fort Lauderdale, FL 33311

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For Sale

$500,000

Multi Family - Fort Lauderdale, FL

Type:Multi Family

Property size:

2,500 SF

Lot size:

0.12 Acres

Price / SF:

$200/SF

HighLights

Rare 15,012 SF development opportunity in rapidly growing Sistrunk Blvd.
Zoned NWRAC‑MUw for multifamily and mixed‑use development.
Potential to develop a 3‑story mixed‑use building with commercial space and residential units.
Located within an Opportunity Zone with strong future upside.
Surrounded by luxury rental projects and new developments.
Conveniently located minutes from Las Olas, Downtown Fort Lauderdale, and I‑95.

We can help!

Contact an agent

Nilufer Ucler

For Sale

$500,000

Multi Family - Fort Lauderdale, FL

Type:Multi Family

Property size:

2,500 SF

Lot size:

0.12 Acres

Price / SF:

$200/SF

Added:: May 11, 2026
Days on Market:: 48
Last Refresh:: Jun 27 at 3:06 pm

Property Features

General Information

Property type: Land
Property subtype: Multi Family
Zoning: NWRAC-MU
Standard status: Active
APN: 504205010980
Size: 2,500 SF
Lot size: 0.12 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 3109

Utilities

Sewer type: Other
Water source: Public

Building Details

Architectural style: Other

We can help!

Contact an agent

Nilufer Ucler

Listing agent Nilufer Ucler License #3503748

Listing office LoKation 1500 E. Atlantic Blvd., Pompano Beach, FL

Listing date May 11, 2026

MLS# A12012445 Listing URL

HighLights

Rare 15,012 SF development opportunity in rapidly growing Sistrunk Blvd.
Zoned NWRAC‑MUw for multifamily and mixed‑use development.
Potential to develop a 3‑story mixed‑use building with commercial space and residential units.
Located within an Opportunity Zone with strong future upside.
Surrounded by luxury rental projects and new developments.
Conveniently located minutes from Las Olas, Downtown Fort Lauderdale, and I‑95.

Overview

Located in Fort Lauderdale, Florida, this property presents a development opportunity in the rapidly growing Sistrunk Blvd area. The offering includes two adjacent lots under the same ownership, available for sale together. The lot at 2317 NW 6th St measures 5,103 SF, while the corner lot at 2360 NW 6th St provides 9,909 SF, creating a combined total area of 15,012 SF. Zoned NWRAC-MU for multifamily and mixed-use development, the site allows for the potential construction of a 3-story mixed-use building. Such a building could feature up to 2,500 SF of commercial space and three residential units, each approximately 945 SF with 2 bedrooms and 1 bathroom. The location is surrounded by luxury rental projects currently under construction and newly completed developments. The property is situated minutes from Las Olas, Downtown Fort Lauderdale, and I-95, and 15 minutes from Fort Lauderdale’s beaches. Located within an Opportunity Zone, this assemblage offers potential for developers, investors, and builders looking to capitalize on the continued growth of Sistrunk Blvd.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$66.0k	$26.40
− Vacancy	−$4.6k	−$1.85
EGI	$61.4k	$24.55
− OpEx	−$23.0k	−$9.21
NOI	$38.4k	$15.34

2,500 SF · lease $26.40/SF/yr · vacancy 7.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$548.0K

$479.5K – $639.4K (±1% cap)

NOI $38,363 @ 7.0% cap · market cap 7.67%

Second Best

Apartment 5plus

$536.3K

$469.3K – $625.7K (±1% cap)

NOI $37,541 @ 7.0% cap · market cap 7.51%

Theoretical Best

Office A

$1.68M

$1.47M – $1.96M (±1% cap)

NOI $117,600 @ 7.0% cap · market cap 23.52%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Map

City: Fort Lauderdale
County: Broward
State: Florida
Longitude: -80.1736
Latitude: 26.144

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What type of property is this?

Commercial land - Two adjacent lots totaling 15,012 SF for mixed-use development.

Where is this commercial land located?

The property is located at Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Rare 15,012 SF development opportunity in rapidly growing Sistrunk Blvd.; Zoned NWRAC‑MUw for multifamily and mixed‑use development.; Potential to develop a 3‑story mixed‑use building with commercial space and residential units.

Fort Lauderdale, FL 33311, Fort Lauderdale, FL 33311

Multi Family - Fort Lauderdale, FL

Property Features

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Map

Nearby Similar for Sale

Sunrise Boulevard Commercial Investment Opportunity

Fort Lauderdale Retail/Office Building

Fort Lauderdale Multifamily Investment Opportunity

Fourplex with Four 1-Bed Units

Two-Unit Retail Storefront

Six-Unit Multifamily Property

Six-Unit Multifamily Property

Prime Location on W Broward Blvd

Triplex with Heated Pool

Two-Unit Duplex with In-Unit Laundry

Fort Lauderdale Mediterranean Restaurant Opportunity

Fort Lauderdale Multifamily Investment Opportunity

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