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1401 Ne 5th Ave, Fort Lauderdale, FL – $3,499,000

  • $3.5M Price
  • 1 Acres
  • 151 DOM
  • $3.5M Price
  • 1 Acres
  • 151 DOM

1401 Ne 5th Ave

Attn: All Developers/Builders, Investment/ Hedge Fund Groups, This is a dream come true. We have the plans to build up to 6 town homes at 2500 sq. ft. each, which should be able to go back to the market at pre construction pricing between $1.2K-$1.3K, PLUS the Bonus of over 5300 sq. ft. of commercial space w/ grandfathered signage located directly on Ne 4th Ave. This corridor is the gateway between Wilton Manors & Downtown Ft. Lauderdale/Las Olas. Develop this commercial space into a restaurant, art gallery, after hours club, coffee house, music/photography, consignment/retail store, classic car storage, day care/senior center, gym. Great Real Estate Opportunity!! Example town house shown in listing pictures.

Essential Information

  • MLS® #A11541156
  • Price$3,499,000
  • Bathrooms0.00
  • Acres1.00
  • TypeLand / Boat Docks
  • StatusActive

Community Information

  • Address1401 Ne 5th Ave
  • Area3370
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33304

Amenities

Utilities

Sewer Available, Water Available

Exterior

  • Lot Description100x260

Additional Information

  • Listing Courtesy ofGalleria International Realty
  • Date ListedMarch 4th, 2024
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Price Change History for 1401 Ne 5th Ave, Fort Lauderdale, FL (MLS® #A11541156)

Date Details Change
Price Reduced from $3,900,000 to $3,499,000 $401,000 (10.28%)
Price Reduced from $4,200,000 to $3,900,000 $300,000 (7.14%)