Fort Lauderdale Development Opportunity Zone

114 NW 5th St Fort Lauderdale, FL 33301

Claim this Listing
For Sale
$6,000,000

Two adjoining properties in a prime redevelopment area.

Type:Commercial
Lot size:
0.19 Acres
Added:
Mar 11, 2026
Days on Market:
125
Last Refresh:
Jul 3 at 3:38 am

Property Features for 114 NW 5th St

General Information

Standard status
Active
Lot size
0.19 Acres
Property subtype
Commercial

Building Details

Year Built
1959

Listing office one sotheby's international re

Listing date Mar 11, 2026

Source Elliman

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 re


Investment Insights

Based on property information with market context.

Two adjoining properties are available in Downtown Fort Lauderdale's Fat Village, a redevelopment area. Situated between W Sunrise Blvd and W Broward Blvd, the parcel is located in an Opportunity Zone and is a 5-minute walk to Fort Lauderdale's Brightline Station. The site is suitable for mixed-use or multifamily development. The sale includes parcel 430 NW Flager Ave. According to the zoning department of Ft. Lauderdale, construction of up to 30 stories is permitted. There are no setbacks. The property is located in a HubZone. A land survey is available. Two additional parcels totaling 0.37 acres are also available.

Key Highlights

  • Opportunity Zone location
  • Potential for 30‑story development
  • Ideal for mixed‑use or multifamily development

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Asphalt Repair Service ... General Contractor

Suggested Use

(Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Clothing & Fashion Store Restaurant Tanning Salon

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

FAQs

What type of property is this?
Commercial land - Two adjoining properties in a prime redevelopment area.
Where is this commercial land located?
The property is located at 114 NW 5th St 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; Potential for **30‑story development**; Ideal for **mixed‑use or multifamily development**
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message