199 NW 5th Avenue, Fort Lauderdale, FL 33311 (MLS# F10212216)
199 NW 5th Avenue, Fort Lauderdale, FL 33311
$10,500,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$10,500,000
List Date:
1/18/2020
Last Modified:
1/24/2026
Overview
Description
Multifamily Development Opportunity in Downtown Fort Lauderdale. Just One block from the Brightline Train Station, this conceptual multifamily development project offers 30+stories with over 400 residential units and parking spaces! An exceptional opportunity, located in Downtown Fort Lauderdale's central business district, a transit-oriented development site. Located in Fort Lauderdale's Opportunity Zone, and C.R.A. District. This is a spectacular location for a Multi Family mixed use project, offering studio, 1 & 2 bedroom apartments, and over 13,000 sq ft of retail space!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.
Supplements: ... (Read more)
Listing Details MLS# F10212216
General Property Information
- Property Sub Type
- Multi Family
- Stories Total
- 34
Property Features
Location of Property:
Central Business District; City Location
Parking Features:
Ground Level
Possession:
Negotiable
Structure Type:
Warehouse
Showing Requirements:
Appointment Only; See Remarks
Contingencies:
None
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2020-01-17
- Original List Price
- 14500000
Location and Legal
- Country
- United States
- County Or Parish
- Broward
- County Parish Name
- Broward
- Street Number
- 199
- Street Direction Prefix
- NW
- Street Name
- 5th
- Street Suffix
- Avenue
- City Name
- Fort Lauderdale
- State Or Province
- FL
- Postal Code
- 33311
- Area
- 3400
- Geographic Area
- FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
- Parcel Number
- 504210210360
- Zoning
- RAC-WMU
- 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.)
- Property Description
- Conceptual multifamily develop
Status Change Information
- Major Change Timestamp
- 2021-06-25T03:40:14Z
- Major Change Type
- Status Change
- Status Change Date
- 2021-06-25
- Under Contract Date
- 2021-06-11
- Close Date
- 2021-06-24
- Close Price
- 10500000
- Buyer Financing
- Cash
Concessions
- Seller Concessions
- No
More Information
Price Calculations
- Original List Price To Close Price
- 0.72
Originating Details
- Originating System Key
- 521242508
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 402
Office/Member Information
- DXORIGMLSID
- FLL
Parking Features
- Ground Level
- Yes
Structure Type
- Warehouse
- Yes
Location of Property
- Central Business District
- Yes
- City Location
- Yes
Possession
- Negotiable
- Yes
Showing Requirements
- Appointment Only
- Yes
- See Remarks
- Yes
Contingencies
- None
- Yes
Listing Office:
Janet Mercede Real Estate Inc
Last Updated: January - 24 - 2026
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