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Fort Lauderdale Development Opportunity

114 NW 5th Street, Fort Lauderdale, FL 33301

For Sale
$6,000,000

Land parcel in opportunity zone, ideal for mixed-use development.

Property SizeContact for details
Days on Market568

Property Features for 114 NW 5th Street

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Site & Location

Neighborhood Fhca

Building Details

Year Built 1959
Listing Agency: One Sotheby's International Realty
Listed By: Michelle DiMarco · License FL #3517991
Source: Onesothebysrealty
Added: Apr 26, 2025 Changed: Nov 12 Last Checked: Nov 14 at 6:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International Realty

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Investment Insights

Based on property information with market context.

Located in the Fat Village redevelopment area of Downtown Fort Lauderdale, this parcel presents an opportunity for mixed-use or multifamily development. Situated between W Sunrise Blvd and W Broward Blvd, the property is within a 5-minute walk to Fort Lauderdale's Brightline Station and is located in an OPPORTUNITY ZONE. The sale includes parcel 430 NW FLAGER AVE. According to the zoning department of Ft. Lauderdale, construction of up to 30 stories is permitted. The property is in a HubZone. The Live Local Act may provide additional advantages.

Key Highlights

  • Opportunity zone location ideal for mixed‑use or multifamily development.
  • Potential to build up to 30 stories with no setbacks.
  • Located in Fat Village, Downtown Fort Lauderdale's hottest redevelopment area.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Restaurant Tanning Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,986
Businesses Nearby

Demographics for 33301, FL

19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Fort Lauderdale

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Land parcel in opportunity zone, ideal for mixed-use development.
Where is this commercial land located?
The property is located at 114 NW 5th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Opportunity zone location ideal for mixed‑use or multifamily development.; Potential to build up to 30 stories with no setbacks.; Located in Fat Village, Downtown Fort Lauderdale's hottest redevelopment area.
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