Flagler Village Multifamily Development Opportunity

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

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.

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