200 NE 3rd Street Development Site
For sale200 NE 3rd Street
Flex, Industrial, Medical Office
Property type
Flex, Industrial, Medical Office
Property class
D
Stories
1
Lot size
29,000 SF
Amenities
- Business center
- BBQ area
- Visitor parking
- Big A/C
Property 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 with allocated units exempt from the current 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.
Property highlights
- Entitled for 43-Story, 388-Unit DevelopmentFully entitled, zoned RAC-CC site at 200 NE 3rd Street for a 43-story, 388-unit market-rate multifamily project—ready to move from planning to execution.
- Value-Add Affordable Housing AdvantageAllocated units are exempt from the current affordable housing surcharge, helping protect project economics and improve investment returns.
- Premier Flagler Village LocationLocated in the vibrant Flagler Village neighborhood with fast access to Las Olas Boulevard and an abundance of nearby retail, dining, and entertainment.
- Transit-Connected Lifestyle AppealWalk to the Brightline station for convenient travel to Miami and Orlando—enhancing tenant demand and supporting long-term rent growth.
- Ideal for Sophisticated Land or Multifamily InvestorsA turnkey, high-demand investment platform combining institutional-grade entitlement, prime urban convenience, and a modern multifamily opportunity in Fort Lauderdale.
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