923 W Las Olas Blvd, Fort Lauderdale, FL 33312

Rare opportunity to acquire a fully entitled development parcel on Las Olas Blvd at $304k per fully approved unit.

Positioned in the heart of Fort Lauderdale’s highly desirable Sailboat Bend neighborhood, this shovel-ready development site offers a rare and immediate opportunity to build six luxury townhomes in one of South Florida’s fastest-growing residential corridors. Just steps from the Riverwalk and Las Olas Boulevard, the property is within walking distance to downtown Fort Lauderdale, including dining, nightlife, museums, shopping, and cultural centers.

The 13,000 SF double lot has been fully approved for two three-story multifamily buildings totaling six modern townhome units. With architectural plans, engineering, and site development already complete and reviewed, the project is ready to submit for permits, offering an accelerated path to vertical construction.

Each unit features rooftop terraces, private garages, and high-end design, with internal A/C living areas ranging from 2,000 to 2,060 SF and gross building areas approaching 2,665 SF per unit. The site plan includes two guest parking spaces, integrated landscaping, and pedestrian-friendly access via a new 5’ sidewalk along W Las Olas Blvd.

Seller financing assistance and JV opportunities considered.

Unit Mix & Design

Two buildings (3 units each):

• Unit A (x2): 1,999.92 SF A/C | 2,642.10 SF under roof

• Unit B (x2): 2,044.63 SF A/C | 2,657.65 SF under roof

• Unit C (x2): 2,058.24 SF A/C | 2,665.22 SF under roof

Each townhome includes:

• 3 stories + rooftop deck

• Private garage

• Covered and uncovered porches

• Modern urban design with impact windows and private outdoor space

Site Metrics

• Zoning: RML-25 (Res. Multifamily Low Rise / Medium-High Density)

• FAR: 117% | Total Building Area: 15,263 SF

• Height: 3 stories + rooftop deck (within 35’ BFE max)

• Parking: 14 total (12 garage, 2 guest)

• Landscaped Area: 1,512 SF (exceeds requirement)

• Open Space Provided: 7,723 SF

• Setbacks & spacing compliant with generous 24’ between buildings

Location Highlights

• Minutes to downtown Fort Lauderdale, Brightline Station, and Riverwalk

• Immediate access to I-95, US-1, and the beach

• Walking distance to Las Olas dining, nightlife, performing arts center, and more

• Surrounded by historic charm and ongoing residential redevelopment

Don’t miss this rare infill development site in one of Fort Lauderdale’s most walkable and sought-after downtown neighborhoods. Whether you’re a developer looking to build and sell, or an investor looking to hold and lease, this opportunity offers location, full approvals, and flexibility.