$3,767,690
$4,644,787
18.9%For more information regarding the value of a property, please contact us for a free consultation.
735 & 745 NE & 745 5th AVE #1-5 Fort Lauderdale, FL 33304
5,040 SqFt
Key Details
Sold Price $3,767,690
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $747
MLS Listing ID F10514756
Sold Date 04/29/26
HOA Y/N No
Year Built 1959
Tax Year 2024
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Multi Family
Property Description
This 15-unit multifamily assemblage is located in Fort Lauderdale's thriving Flagler Village, just blocks from Las Olas Blvd and Downtown. It includes twelve 1-bed/1-bath units and three 2-bed/1-bath units, ideal for strong rental demand. Surrounded by new restaurants, retail, and over $2B in nearby developments, the area continues to see rapid growth. The property offers stable occupancy, immediate cash flow, and long-term upside through operational improvements or redevelopment. Zoned for high-density multifamily and mixed use, it presents a rare covered land play in one of the city's most in-demand rental markets.
Location
State FL
County Broward
Area 3700
Zoning RAC-UV
Interior
Interior Features InteriorFeatures
Fireplace No
Others
Tax ID 494234072120
Financing Other
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Bought with Jaime Sturgis Native Realty Co.
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