199 Northwest 5th Avenue

Fort Lauderdale, FL 33311

$12,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

An incredible Proposed Multifamily Development Opportunity in Downtown Fort Lauderdale. Just One block from the Virgin/Brightline Train Station, this conceptual multifamily development project proposes a 30-story, apartment building, offering 1, 2, & 3 bedroom, and studio apartments, totaling 312 residential units, with over 400 parking spaces. An exceptional opportunity, located in Downtown Fort Lauderdale's central business district, a transit-oriented development site. Fort Lauderdale is ranked...An incredible Proposed Multifamily Development Opportunity in Downtown Fort Lauderdale. Just One block from the Virgin/Brightline Train Station, this conceptual multifamily development project proposes a 30-story, apartment building, offering 1, 2, & 3 bedroom, and studio apartments, totaling 312 residential units, with over 400 parking spaces. An exceptional opportunity, located in Downtown Fort Lauderdale's central business district, a transit-oriented development site. Fort Lauderdale is ranked # 1 in the region with one of the highest job growth in the nation. This Proposed Development Project is located in Fort Lauderdale's Opportunity Zone, and C. R. A. District. Plans are pre-conceptual and have NOT yet been approved by local and city officials at this time.
  1. Listed by Chelsea Mercede • Janet Mercede Real Estate Inc

Property Details for 199 Northwest 5th Avenue

Area
3400
Geographic Area
Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Num Stories
30
LISTING UPDATED: 08/06/2020 08:20 AM

Property Details for 199 Northwest 5th Avenue

StatusActive
MLS #F10212216
Days on Market1800
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built-
Lot Size-
CountyBroward County

Property Information for 199 Northwest 5th Avenue

Location Information
Location Information
  • Parcel Number Free Text: 504210210360
  • MLS Area: 3400
  • Subdivision Complex Bldg: 101,105 & 109
  • Unit Count: 0
  • Zoning Information: RAC-WMU
General Information
Parking
  • Parking Description: Garage-Ground Level, Garage-Under Building
General Information
  • Property Description: Conceptual multifamily develop
  • Prop Type-Type of Building: Apartments, Commercial/Residential Income
  • Location of Property: Central Business District, City Location
  • Approximate Lot Size: 36,429
  • Directions: From i-95, head east on Broward Blvd, then turn north on NW 5th Ave (properties include 101,105, 109 & 199 NW 5th Ave. (after the Habitat for Humanity on the corner of Broward and 5th.)
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 312
Agent / Office Information
Listing Information
  • Sale Includes: Building & Land

Property History for 199 Northwest 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 199 Northwest 5th Avenue

Taxable ValueLand$231,000Additions$120,600Total$351,600
Tax Record2022$10,979 ($915 / month)
Home Facts
Total Finished SqFt4,880 SqFtAbove Grade Finished SqFt4,880 SqFtStories2Lot Size21,000 SqFtStyleRestaurantYear Built1931Year Renovated1953ZoningRAC-WMUCountyBROWARDAPN50-42-10-21-0360

Schools near 199 Northwest 5th Avenue

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Walker Elementary School (Magnet)
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Sunrise High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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199 Northwest 5th Avenue is a multi-family home for sale in Fort Lauderdale, FL 33311. This property was listed for sale on January 17, 2020 by Janet Mercede Real Estate Inc, it's currently listed at $12,500,000. It has been on the market for a total of 1800 days and was last sold on June 24, 2021. This listing's school district is Broward. Nearby schools include Walker Elementary School (Magnet), Sunrise Middle School and Fort Lauderdale High School. 199 Northwest 5th Avenue is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Janet Mercede Real Estate Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.