801 Andrews Ave Fort Lauderdale, FL 33311

This exceptional 101,998 square foot development site in Fort Lauderdale's vibrant Flagler Village is offered at $15,900,000. Recently rezoned NWRAC-MUne, it allows for the construction of a 120-foot-high building with an estimated 450 units. The highly efficient 2.34-acre lot (approximately 400 x 255 feet) presents a unique opportunity for high-density development. The site's prime location directly adjoins Flagler Village, Fort Lauderdale's most sought-after neighborhood, with surrounding new developments underway. The existing structures, including an office building (to be delivered vacant), a car dealership (to be delivered vacant), and fully occupied multifamily apartment buildings (totaling approximately 23,149 square feet), provide potential income during the pre-construction phase. A massing study is available. Permitted uses include multi-family, hotel, retail, office, and restaurant. Seller financing is available. This is an unparalleled opportunity to create a landmark project in Fort Lauderdale's downtown core. The estimated density is 450 units, with an asking price of approximately $35,000 per unit. The site's address encompasses 801, 816, and 823 N Andrews Ave, Fort Lauderdale, FL 33311, within Broward County.