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29539113
29539110

200 NE 3rd St, Fort Lauderdale, FL 33301

RH
FL BK411032
Berger Commercial Realty
Listed by Berger Commercial Realty
$15,520,000
134 days on market
Updated 22 days ago

200 NE 3rd St

Details
Property Type Multifamily, Land
Sub Type Commercial, Apartment Building
Units 388
Broker Co-Op Yes
Class A
Stories 43
Lot Size (SqFt) 29,000
Zoning RAC-CC- Regional Activity Center -City Center
Investment Type Redevelopment
Ownership Private

Fully approved 388 unit multifamily development in Flagler Village

Marketing description

Introducing an exceptional investment opportunity at 200 NE 3rd Street in Fort Lauderdale, FL. This property, zoned RAC-CC, is fully entitled for a 43-story, 388-unit market-rate multifamily project—phase 1 construction has been DRC approved, with allocated units exempt from affordable housing surcharge. Situated in the thriving Flagler Village, it offers prime access to Las Olas Boulevard and nearby retail, dining, and entertainment. With the added advantage of being within walking distance of the Brightline station, offering convenient access to Miami and Orlando, this property is a lucrative choice for a discerning land or multifamily investor.

The property is located in the booming Flagler Village area of downtown Fort Lauderdale, in close proximity to prestigious Las Olas Boulevard, a hub of upscale shopping, dining, and entertainment. With proximity to the Riverwalk, investors gain access to picturesque waterfront views and upscale amenities, offering an ideal location for multifamily and commercial development. Boasting convenient access to major transportation routes including the new Brightline train line and a robust rental market, this vibrant neighborhood presents an enticing opportunity for those looking to invest in the burgeoning Fort Lauderdale real estate market.


Offering consists of a 29,000 square foot parcel of vacant land zoned RAC-CC in the heart of fast growing Flagler Village in downtown Fort Lauderdale. The property is fully site plan approved for the development of a 43 story, 388 unit upscale multifamily development project. Designed by the international architectural firm Humphreys and Partners, one of the leading multifamily design firms in the U.S., the project will be a stunning addition to the Fort Lauderdale skyline.

Investment highlights

  • Zoned RAC-CC for versatile development opportunities

  • Fully entitled for 43-story, 388-unit market-rate multifamily project

  • DRC approved for phase 1 construction

  • Allocated units exempt from affordable housing surcharge

  • Prime location in booming Flagler Village

  • Proximity to Las Olas Boulevard and major retail centers

  • Close to diverse dining and entertainment options

  • Walking distance to Brightline station for Miami and Orlando access

  • Phase 1- fully entitled for 43 story, 388 unit multifamily project - DRC approved-$15,520,000- $40,000 per door

Listing Contacts

RH
FL BK411032
Berger Commercial Realty
Listed by Berger Commercial Realty

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Additional Information

Name
R. Stephen Hyatt
License
BK411032
Brokerage Address
550 South Andrews Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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