Map of Property

FLAGLER VILLAGE APARTMENTS

700 NW 3 AVE, FORT LAUDERDALE, FL 33311

  • For Sale $2,000,000
  • Property Type Multi-Family
  • Property Size 5,825 SF
  • Units 8
  • Year Built 1972
  • Date Updated Mar 4, 2024
Progresso Village, is nestled between Historic Sistrunk and Flagler Village. The neighborhood primarily consist of a mix of industrial warehouses and residential properties that include single family homes, townhouses and small apartment complexes. The suburban community encompasses both baby boomers and new up and coming families. The neighborhood benefits from its central location to downtown Fort Lauderdale and Fort Lauderdale’s (Flagler Arts & Technology) Village. Just steps away is Fat Village, an urban arts district populated with artist studios, galleries, restaurants, bars and shops. The artsy village also has numerous events including the FAT Village Art Walk that takes place on the last Saturday of the month. Progresso Village has seen a surge in new housing, mixed-use projects and commercial development making it one of the most desirable places to live and play.Phenomenal Opportunity to own a 8 unit apartment building in the best location in Fort Lauderdale! The property includes 8 Two Bedroom/1 Bath apts, 13,500 square foot lot, plenty of parking, all units have ceramic tile floors, A/C units, shared laundry, and zoned RMM-25. This property is located in the heart of Progresso Village, adjacent to Flagler Village, and on the East Side of Sistrunk Blvd Redevelopment Opportunity Zone!! Located in the Center of Redevelopment, Brand New Luxury High Rise properties are approved for construction within 1 block. This amazing property can easily generate $195,000 in annual revenue. Most of the units are month to month. This is an exciting opportunity for any savvy investor interested in South Florida's booming real estate market!!

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Highlights

  • *Great Investment Opportunity, UPSIDE POTENTIAL!
  • *Blocks to the Bright Line.
  • *5 minutes to the beach.
  • *Surrounded by an enormous number of projects gentrifying Andrews Avenue, and the Sistrunk District.
  • *Progresso is located within the boundaries of the opportunity zone.
  • *Progresso Village has seen a surge in new housing, mixed-use projects and commercial development making it one of the most desirable places to live.
  • *Tax benefits that accompany Opportunity Zones (OZ) create a powerful incentive to allocate capital into economically distressed areas.

Contacts

broker

Sandra Panesso

The Keyes Company

(561) 929-3722

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable

  • Transit Score ®

    54/100 Good Transit

  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City FORT LAUDERDALE, FL
  • Neighborhood Progresso Village
  • Zip Code 33311
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    0.55 miles

  • Esplanade Park

    0.84 miles

  • River House

    1.05 miles

  • Fort Lauderdale

    1.65 miles

  • Cypress Creek

    4.81 miles

  • Fort Lauderdale Airport

    4.99 miles

  • Sheridan Street

    7.03 miles

  • Hollywood

    8.36 miles

  • Pompano Beach

    9.75 miles

  • Tesla Supercharger

    0.33 miles

  • BP

    0.47 miles

  • Shell

    0.52 miles

  • Sunoco

    0.56 miles

  • Speedway

    0.67 miles

  • 7-Eleven

    0.70 miles

  • Shell

    1.14 miles

  • Mobil

    1.21 miles

  • Marathon

    1.36 miles

  • Mobil

    1.61 miles

  • Publix

    1.16 miles

  • East Parking Lot

    1.66 miles

  • Main Office Parking #2

    1.67 miles

  • Main Office Parking Lot #1

    1.69 miles

  • CVS

    1.85 miles

  • Galleria

    1.95 miles

  • Las Olas Intracoastal (E lot)

    2.54 miles

  • South Side (E lot)

    2.56 miles

  • Sebastian Lot

    2.64 miles

  • Sebastian Lot (Handicap only)

    2.69 miles

  • Hampton Inn Ft. Lauderdale/Downtown Las Olas Area

    0.51 miles

  • Courtyard Fort Lauderdale Downtown

    0.54 miles

  • The Dalmar, Fort Lauderdale, a Tribute Portfolio Hotel

    0.71 miles

  • Fairfield Inn & Suites by Marriott Fort Lauderdale Downtown/Las Olas

    0.91 miles

  • Travelodge Ft. Lauderdale

    1.06 miles

  • Riverside Hotel

    1.10 miles

  • Days Inn by Wyndham Fort Lauderdale Airport Cruise Port

    1.34 miles

  • Clarion Inn Fort Lauderdale

    1.68 miles

  • Victoria Park Hotel

    1.69 miles

  • Oasis Hotel

    1.79 miles

  • Sistrunk Marketplace & Brewery

    0.14 miles

  • Henry's Sandwich Station

    0.19 miles

  • 925 Nuevo's Cubano's

    0.33 miles

  • Patio Bar & Pizza

    0.42 miles

  • Subway

    0.46 miles

  • McDonald's

    0.49 miles

  • Chick'n Cone

    0.53 miles

  • Checkers

    0.53 miles

  • Poke Lolo

    0.54 miles

  • The Whole Enchilada

    0.55 miles

  • Northside Elementary School

    0.48 miles

  • Little Schoolhouse

    0.51 miles

  • Grace Brethren Christian School

    0.61 miles

  • Walker Elementary School

    0.67 miles

  • Cradle Nursery

    0.72 miles

  • The Language Academy

    0.72 miles

  • Thurgood Marshall Elementary School

    0.72 miles

  • Saint Anthony's School

    0.83 miles

  • Florida Atlantic University - Fort Lauderdale Campus

    0.84 miles

  • Sunland Park Elementary School

    0.85 miles

  • New River

    0.60 miles

  • Learn & Smile Preschool

    5.88 miles

  • A World Of Discovery Academy

    5.93 miles

  • Broward Children's Center

    7.28 miles

  • Nob Hill Academy

    8.69 miles

  • Nob Hill Academy

    9.73 miles

Frequently Asked Questions

What is the lease rate for FLAGLER VILLAGE APARTMENTS?

Rental asking rate at FLAGLER VILLAGE APARTMENTS is $1,000,000.00/YR.

What is the total square footage of FLAGLER VILLAGE APARTMENTS?

FLAGLER VILLAGE APARTMENTS totals 5,825 square feet.

When was this property built?

FLAGLER VILLAGE APARTMENTS was built in 1972.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Sandra Panesso

The Keyes Company

(561) 929-3722