Fort Lauderdale Development Opportunity
For Sale
$6,000,000
114 NW 5th St, Fort Lauderdale, FL 33301
Two adjoining properties in a prime redevelopment area.
Property SizeContact for details
Lot Size0.19 Acres
Days on Market152
Property Features for 114 NW 5th St
General Information
Standard status
Active
Lot size
0.19 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$21,533
Building Details
Year Built
1959
Listing Agency:
One Sotheby's International Realty
(561) 715-9601
Listed By:
Michelle DiMarco · License #3517991
(561) 715-9601
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 12:45PM
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.
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
Current Use
Location Intelligence
Trade Area within ½ mile
7,986
Businesses Nearby
Explore this area
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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**
