Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    114 NW 5Th St Fort Lauderdale, FL 33301

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $6,000,000

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

    Lot size:
    0.19 Acres

    Property Features for 114 NW 5Th St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1959

    Source: One Sotheby's International Re Agent Michelle DiMarco

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Development Opportunity

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Asphalt Repair Service ... Paving Contractor

    Suggested Use

    Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Clothing Store Daycare Center Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.145266
    Latitude
    26.1275864

    Nearby Similar for Sale

    • $2,795,000
      9,196 SF

      Wilton Manors Fourplex Investment Opportunity

      Rare fourplex in Wilton Manors, ideal for investors or owner-users.
      624 NE 29 Dr, Fort Lauderdale, FL 33334
      View Details
    • $850,000

      Mediterranean Revival Office Oasis

      Updated office property with guest house, pool, and rare zoning.
      1314 SE 1St Ave, Fort Lauderdale, FL 33316
      View Details
    • New
      $1,189,000
      1,604 SF

      Lauderdale By The Sea Duplex

      Duplex near the beach with income potential and pool.
      255 Neptune Ave, Fort Lauderdale, FL 33308
      View Details
    • $1,795,000
      0.91 Acres

      Tamarac Office Investment Opportunity

      9,828 SF office building ideal for diverse professional uses.
      7471 W Oakland Park Blvd, Fort Lauderdale, FL 33319
      View Details
    • $1,189,000
      2,873 SF

      Remodeled Duplex with Pool

      East Fort Lauderdale duplex with pool, near major transportation routes.
      807 SW 14Th Ct, Fort Lauderdale, FL 33315
      View Details
    • $1,490,000

      Profitable Mediterranean Restaurant Opportunity

      Turn-key Mediterranean restaurant in Fort Lauderdale with high ratings and growth potential.
      511 SE 5Th Ave, Fort Lauderdale, FL 33301
      View Details

    FAQs

    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 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 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.
    (561) 715-9601
    Request Owner's contact information
    114 NW 5Th St Fort Lauderdale, FL 33301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 NW 5Th St
    Fort Lauderdale, FL 33301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 NW 5Th St Fort Lauderdale, FL 33301
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.