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    735 NE 5Th Ave, Unit 1-5 Fort Lauderdale, FL 33304

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    For Sale
    $4,644,787

    15-unit multifamily property in Fort Lauderdale's Flagler Village.

    Lot size:
    0.23 Acres

    Property Features for 735 NE 5Th Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1959

    Source: Native Realty Co. Agent Jaime Sturgis

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

    Overview

    Multifamily Assemblage in Flagler Village

    This 15-unit multifamily assemblage is located in Fort Lauderdale’s Flagler Village, situated blocks from Las Olas Boulevard and Downtown. The property features twelve 1-bed/1-bath units and three 2-bed/1-bath units. The location is surrounded by new restaurants, retail options, and over $2 billion in nearby developments. The property is zoned for high-density multifamily and mixed use. It offers potential for operational improvements or redevelopment.
    Location Intelligence

    Current Use by Public Records

    Apartments Cooper Properties Apartment Building

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1392413
    Latitude
    26.1329014

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    FAQs

    What type of property is this?
    Apartment building - 15-unit multifamily property in Fort Lauderdale's Flagler Village.
    Where is this apartment building located?
    The property is located at 735 NE 5Th Ave, Unit 1-5 Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $4,644,787.
    What are key features of this property?
    This property features: - Prime location in Fort Lauderdale's Flagler Village, near Las Olas Blvd and Downtown.; - Strong rental demand with twelve 1-bed/1-bath and three 2-bed/1-bath units.; - Immediate cash flow and stable occupancy.
    (954) 595-2999
    Request Owner's contact information
    735 NE 5Th Ave, Unit 1-5 Fort Lauderdale, FL 33304
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    Fort Lauderdale, FL 33304
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    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
    735 NE 5Th Ave, Unit 1-5 Fort Lauderdale, FL 33304
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