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Informations principales sur l'investissement

  • Located in an Opportunity Zone
  • Existing site plans for 179 units over 18 stories
  • Qualified for Live Local
  • Proximity to FAT village and the Brightline station

Résumé analytique

This offering presents a prime development opportunity in Fort Lauderdale’s thriving Progresso Village, adjacent to Flagler Village and the city’s dynamic downtown district. The 0.93-acre property spans two parcels and is positioned within a designated Opportunity Zone, offering potential tax advantages for qualified investments. Current site plans include an 18-story development accommodating up to 179 units, aligning with the Northwest Regional Activity Center (NWRAC-MUe) zoning that supports high-density, mixed-use projects.
Situated within walking distance of Ft. Lauderdale’s growing cultural and entertainment hubs, the location offers immediate connectivity to FATVillage Arts District, the Brightline Train Station, and major employment centers. Surrounding neighborhoods have experienced significant growth, with ongoing multifamily and mixed-use projects attracting residents and businesses seeking an urban lifestyle with convenient access to beaches, retail, and leisure.
With its zoning flexibility and proximity to key transportation nodes, this site offers developers an exceptional chance to capitalize on one of the most active submarkets in South Florida. The combination of live-work-play accessibility, favorable regulatory environment, and Opportunity Zone incentives positions this parcel as a compelling investment for residential, hospitality, or mixed-use development.

Informations sur l’immeuble

Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Commercial
  • Logement
Surface totale du lot 0,38 ha
Zone de développement économique [USA] Oui
Zonage NWRAC-MUe - Centre d'activités régional du Nord-Ouest

1 Lot disponible

Lot

Surface du lot 0,38 ha

Watertower is a prime development site in Progresso Village, an emerging neighborhood bordering Flagler Village and Downtown Fort Lauderdale. Spanning nearly one acre, the site benefits from favorable NWRAC-MUe zoning.

Description

The property consists of two parcels totaling approximately 0.93 acres with NWRAC-MUe zoning in the Progresso Village neighborhood of Fort Lauderdale. It is located near Flagler Village, FATVillage, and the Brightline Station, offering walkable access to surrounding retail and entertainment venues. The site has existing plans for vertical residential development and falls within a designated Opportunity Zone.

Très praticable à pied
80/100
Moyennement adapté aux voitures
60/100
Transports en commun relativement accessibles
50/100
Moyennement praticable en vélo
70/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 49-42-34-07-6670
  • 49-42-34-07-6690
Évaluation du terrain
1 419 476 €
Évaluation des aménagements
1 047 433 €
Évaluation totale
2 466 910 €
  • ID de l’annonce: 41144220

  • Date de mise sur le marché: 02/07/2026

  • Dernière mise à jour:

  • Adresse: 628-642 NW 3rd Ave, Fort Lauderdale, FL 33311

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