Fort Lauderdale Development
For Sale
$6,000,000
114 NW 5th Street, Fort Lauderdale, FL 33301
Land parcel in opportunity zone, ideal for mixed-use development.
Property SizeContact for details
Days on Market474
Property Features for 114 NW 5th Street
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
1959
Listing Agency:
One Sotheby's International Realty
Listed By:
Michelle DiMarco · License #3517991
(561) 715-9601
Source:
Onesothebysrealty
Added: May 27, 2025
Changed: Sep 11
Last Checked: Sep 12 at 10:09AM
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
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,986
Businesses Nearby
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Business Placement
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
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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.
