DRC-Approved High-Rise Multifamily
For Sale
Contact for pricing
203 NE 3rd St, Fort Lauderdale, FL 33301
DRC-approved plan for a 48-story, 429-unit multifamily building with 2,711 SF retail/restaurant plaza.
Property Size28,750 SF
Price / SF$596.87
Days on Market137
Property Features for 203 NE 3rd St
General Information
Standard status
Active
Size
28,750 SF
Property subtype
Land, Multifamily
Zoning
RAC-CC
Listing Agency:
Berger Commercial Realty
(954) 614-7426
Listed By:
R. Stephen Hyatt · License #BK411032
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Mar 28 at 10:10PM
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 Berger Commercial Realty
Investment Insights
Based on property information with market context.
Development site at 203 NE 3rd St in Fort Lauderdale, totaling .66 acres and currently approved through the DRC for an upscale 48-story, 429-unit multifamily building. The approval also includes a 2,711 SF retail/restaurant plaza, with the project designed by the architectural firm FSMY and positioned as a near shovel-ready opportunity.
The property is described as within walking distance of the downtown core, Las Olas Boulevard, and the new Brightline Train Station. Public remarks also note the Hines T-3 FAT Village complex one block west, including multifamily apartments, 73,000 SF of curated food and beverage offerings, shopping, entertainment, art studios and galleries, and 176,000 SF of Class AA office space scheduled for completion in 2027.
The seller is described as experienced and is open to short-term seller financing as well as a potential JV with qualified developers with proven track records.
The property is described as within walking distance of the downtown core, Las Olas Boulevard, and the new Brightline Train Station. Public remarks also note the Hines T-3 FAT Village complex one block west, including multifamily apartments, 73,000 SF of curated food and beverage offerings, shopping, entertainment, art studios and galleries, and 176,000 SF of Class AA office space scheduled for completion in 2027.
The seller is described as experienced and is open to short-term seller financing as well as a potential JV with qualified developers with proven track records.
Key Highlights
- .66‑acre downtown Fort Lauderdale development site with DRC‑approved plans for a 48‑story, 429‑unit multifamily building
- Approved 2,711 SF retail/restaurant plaza included in the DRC‑approved development plan
- Architectural design by FSMY
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,627
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - DRC-approved plan for a 48-story, 429-unit multifamily building with 2,711 SF retail/restaurant plaza.
Where is this residential land & home lot located?
The property is located at 203 NE 3rd St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $17,160,000.
What are key features of this property?
This property features: .66‑acre downtown Fort Lauderdale development site with DRC‑approved plans for a 48‑story, 429‑unit multifamily building; Approved 2,711 SF retail/restaurant plaza included in the DRC‑approved development plan; Architectural design by FSMY
