Maison Azure — private collection
100 NE 5th Street
$1,000,000
Fort Lauderdale, FL
2 bd · 1 ba · 672 sf
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 672 sf
- Lot
- 0.07 ac
- Built
- 1935
- Price / sq ft
- $1,488
The residence
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.
Distinctions
Parking
- Guest
The gallery
The community
North Lauderdale
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The setting
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Real Broker LLC · Tamara Davis
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