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28175878
28175879

736-738 NE 3rd Ave, Fort Lauderdale, FL 33304

JS
FL 3246270, fl
Native Realty
JA
FL 3574408
Native Realty
Listed by Native Realty
$3,350,000
208 days on market
Updated 16 days ago

Development Site: 736-738 NE 3rd Ave

Details
APN 4942 34 07 2080
Property Type Land, Multifamily (+1)
Sub Type Commercial
Square Footage 3,113
Net Rentable (SqFt) 3,113
Units 4
Cap Rate 2.73%
NOI $91,493
Occupancy 100%
Price per SqFt $1,076
Stories 1
Lot Size (SqFt) 9,375
Zoning RAC-UV
Investment Type Redevelopment

Land | 9,375 SqFt

Marketing description

Exceptional development opportunity in the heart of booming Flagler Village! This 9,375 SF site features a high-visibility location on NE 3rd Avenue, surrounded by new mixed-use projects, restaurants, and art-inspired destinations. The property currently includes a retail storefront (salon) in the front, three residential units in the rear, a pool, and on-site parking, providing strong interim income while you finalize development plans. Located within the RAC-UV zoning district, this site offers flexible development potential in one of Fort Lauderdale’s most dynamic and rapidly evolving neighborhoods. Perfect for investors, developers, or end users seeking a prime position in the urban core.

A larger assemblage totaling over 1 acre—including neighboring parcels—is also available, offering an even greater large-scale development opportunity.

Listing Contacts

JS
FL 3246270, fl
Native Realty
JA
FL 3574408
Native Realty
Listed by Native Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,493.00
$7,624.42/mo

Valuation Metrics

0
DSCR
2.73%
Cap Rate
2.73%
ROI

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Additional Information

Name
Jaime Sturgis
License
3246270
Name
Jeremiah Adler
License
3574408
Brokerage
Native Realty Co.
Brokerage Phone
(954) 595-2999
Title
Sales Associate
Brokerage Address
1926 East Sunrise Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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