Listing Agency: ONE Sotheby's International Realty m***@onesothebysrealty.com Show Phone

Listed By: PETER ENGILIS · License #3517991

Source: Crexi

Added: Oct 29, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:26AM

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Investment Insights

Based on property information with market context.

Two adjoining parcels are available in Fort Lauderdale's Fat Village, located between W Sunrise Blvd and W Broward Blvd. The property is in an opportunity zone and a 5-minute walk to Fort Lauderdale's Brightline Station. The sale includes 429 NW 1st Ave. According to the zoning department of Ft. Lauderdale, the site allows building up to 30 stories with no setbacks. The property is ideal for mixed or multi-family use. It is located in a HubZone. Additional parcels are available at 114 NW 5th St, totaling 0.64 acres.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Restaurant Tanning Salon Fish Market

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

7,970

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Two adjoining parcels in Fort Lauderdale's Fat Village.

Where is this commercial land located?

The property is located at 431 NW 1st Avenue Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $5,000,000.