- For Sale $2,078,540
- Property Type VacantLand
- Lot Size 0.73 Acre
- Year Built 1953
- Date Updated Aug 21, 2026
Description
Discover the thriving neighborhood surrounding the property at 723 W Sunrise Blvd in Fort Lauderdale, FL. As a prospective Multifamily/High-Rise investor, you'll find the area's proximity to renowned points of interest enticing. The property is located just minutes from the vibrant downtown district, offering an array of dining, entertainment, and cultural experiences. Nearby, residents can enjoy the stunning beaches, waterways, and picturesque parks that Fort Lauderdale is famous for. With easy access to major highways and public transportation, the location provides convenience for residents and promises strong appeal for potential tenants.Rare opportunity to acquire a 31,762 SF assemblage comprised of three contiguous parcels in the rapidly transforming Sunrise Boulevard corridor of Fort Lauderdale. Positioned within an Opportunity Zone, the property offers exceptional redevelopment potential for investors and developers seeking to capitalize on one of South Florida's most active growth corridors.
The assemblage features a combination of B-1 Commercial and RD-15 Residential zoning, creating multiple development scenarios. Developers can pursue a mixed-use or multifamily project under the Florida Live Local Act, or redevelop the front commercial parcel while separately utilizing or selling the rear residential parcels.
Situated along West Sunrise Boulevard with additional frontage on NW 8th Avenue, the site benefits from outstanding visibility, convenient access to Downtown Fort Lauderdale, I-95, Wilton Manors, and the surrounding urban core. The area continues to experience significant public and private investment, with numerous new residential communities and commercial developments fueling demand for housing, neighborhood retail, and mixed-use projects.
Whether acquired as a single development opportunity or repositioned through separate parcel strategies, this property offers flexibility, strong underlying land value, and long-term upside in one of Broward County's fastest-growing redevelopment markets.
Highlights
- 31,762 SF assemblage comprised of three contiguous parcels
- Ideal for Live Local Act multifamily, retail, or mixed-use development
- Opportunity Zone with mixed B-1 Commercial and RD-15 Residential zoning
- Potential to develop the commercial frontage while separately utilizing or selling the rear residential parcels
- Prime location along West Sunrise Boulevard with easy access to Downtown Fort Lauderdale and I-95
- Strong redevelopment corridor surrounded by new residential and commercial investment
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Contacts
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Native Realty
Location
Located at 723 W Sunrise Blvd, Fort Lauderdale, FL 33311, this property is part of the South Middle River neighborhood and Fort Lauderdale market.
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Native Realty