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    521 SW 3Rd Ave Fort Lauderdale, FL 33315

    For Sale
    $3,000,000

    Residential Land/Boat Docks, Zoned Multifamily - Fort Lauderdale, FL

    Type:Single Family Residence
    Lot size:
    0.33 Acres
    Days on Market:
    193
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 521 SW 3Rd Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    RAC-SMU
    APN
    504210014730
    Lot size
    0.33 Acres

    Building Details

    Architectural style
    Other

    The Keyes Company (305) 371-3592 [email protected]

    Listing agent Alejandro Saenz de la Calzada Rosenstein (954) 467-0105

    Listing date May 30, 2025

    MLS# F10505874 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Development Opportunity

    This 14,500 sq. ft. lot presents a development opportunity in Downtown Fort Lauderdale. Zoned RAC-SMU, the site allows for mixed-use development with a maximum height of 6 stories by right, and up to 12 stories with conditional use approval. The lot currently features income-producing residential units, providing cash flow potential during the planning and entitlement process. This site is suited for a boutique condo building, multifamily rental, or mixed-use concept. The 0.33-acre lot is located in Fort Lauderdale, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Law Firm Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1465054
    Latitude
    26.1153635

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    FAQs

    What type of property is this?
    Commercial land - 14,500 sq ft lot zoned for mixed-use development.
    Where is this commercial land located?
    The property is located at 521 SW 3Rd Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Prime downtown fort lauderdale location: ideal for capitalizing on the city's continued growth.; - Flexible rac-smu zoning: allows for mixed-use development up to 6 stories by right, and up to 12 stories with conditional approval.; - Substantial lot size: 14,500 sq. ft. provides ample space for development.
    (954) 467-0105
    Request Owner's contact information
    521 SW 3Rd Ave Fort Lauderdale, FL 33315
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    Fort Lauderdale, FL 33315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    521 SW 3Rd Ave Fort Lauderdale, FL 33315
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