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Mixed-Use Development Site
For Sale
$12,800,000

700 W Broward Blvd, Fort Lauderdale, FL 33312

Four connected parcels include retail, apartment, drug store, and vacant land components.

Property SizeContact for details
Lot Size1.93 Acres
Days on Market29

Property Features for 700 W Broward Blvd

General Information

Standard status Active
Lot size 1.93 Acres
Property subtype Multi-Family
Zoning RMM-25, B-1, and RAC-WMU

Additional Details

Land Use mixed-use, commercial, residential

Amenities

Rare 1.9-acre development opportunity in Downtown Fort Lauderdale
Strategic location along Broward Boulevard corridor
Immediate access to I-95 and major transportation infrastructure, minutes from Brightline, Fort Lauderdale Airport, and Port Everglades
Located within one of South Florida's fastest-growing urban cores, strong demographics and affluent residential growth.
Exceptional corporate and employment base
Walkable urban lifestyle environment
Significant ongoing public and private investment throughout downtown
Positioned to benefit from continued long-term growth and redevelopment momentum
Listing Agency: Fort Lauderdale Office
Listed By: Evan Kristol · License #License(s): FL: SL640466
Source: Marcusmillichap
Added: Aug 30 Changed: Sep 15 Last Checked: Sep 26 at 3:31AM

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 Fort Lauderdale Office

Investment Insights

Based on property information with market context.

This 1.93-acre mixed-use property comprises four adjoining parcels with a varied existing composition. The site includes a Walgreens drug store, a 4-unit apartment building, a separate retail store, and an undeveloped lot, creating a combination of operating commercial, residential, and vacant land components.

The property is located at 700 W Broward Boulevard in downtown Fort Lauderdale, Florida. Current zoning spans RMM-25, B-1, and RAC-WMU. The redevelopment concept described for the site assumes rezoning the full assemblage to RAC-WMU, a designation identified in the source as accommodating residential, commercial, and office uses, subject to applicable approvals and criteria.

Key Highlights

  • 1.93‑acre mixed‑use property in downtown Fort Lauderdale
  • Four contiguous parcels offered as one assemblage
  • Existing Walgreens drug store and separate retail store

Property Analytics

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Current Use

COVID-19 Drive-Thru Testing ... Medical Laboratory Walgreens Pharmacy Pharmacy April Simmons, PharmD Pharmacy Rosemary T. Marchal, ... Pharmacy Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Mobile Phone Store Clothing & Fashion Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,727
Businesses Nearby

Demographics for 33312, FL

51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four connected parcels include retail, apartment, drug store, and vacant land components.
Where is this mixed-use property located?
The property is located at 700 W Broward Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $12,800,000.
What are key features of this property?
This property features: 1.93‑acre mixed‑use property in downtown Fort Lauderdale; Four contiguous parcels offered as one assemblage; Existing Walgreens drug store and separate retail store
More about this property
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