104 NE 5th St - Image 1
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$850,000

104 NE 5th St

Fort Lauderdale, FL 33301•Broward County•NORTH LAUDERDALE AMENDED
Single Family ResidenceFor SaleActive

Property Highlights

2 / 1

Beds / Baths

1,470

Square Feet

0.07

Acres

1935

Year Built

About This Property

Prime Flagler Village Portfolio -3 Properties Offered at $3,300,000 in Fort Lauderdale, FL. A rare development opportunity in the rapidly transforming Flagler Village neighborhood of Downtown Fort Lauderdale. The portfolio includes 3 contiguous parcels totaling 12,750 SF.. Zoned RAC-UV (Regional Activity Center – Urban Village), assemblage supports ground-up multifamily, boutique mixed-use, or repositioning strategies with height potential up to approximately 150 feet, subject to approvals. Current structures provide income during entitlement and planning phases, generating approximately $13,000 monthly—a strategic advantage for developers seeking cash flow during pre-construction. The site’s walkability to FAT Village’s creative corridor, Brightline station, and Las Olas dining and retail amplifies its desirability for urban residential or mixed-use concepts. Preliminary conceptual analysis suggests feasibility for 38–42 units at mid-rise scale, with competitive pricing scenarios indicating attractive profit margins in comparison to local benchmarks, including nearby luxury towers trading at $880–$960/SF and loft-style assets in the $390–$550/SF range. $3.3 million for three parcels or $4.5 million for the complete four-parcel. These properties deliver exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in Fort Lauderdale.

Property Details

Year Built1935
Living Area1,470 sqft
Lot Size0.07 acres

Listing Information

MLS IDA12039910
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market47 days
Last UpdatedJul 30, 2026
Price ChangedJun 18, 2026

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Quick Stats

Property Type:Single Family Residence
Status:Active
Listed:N/A