Watertower Progresso

628 NW 3rd Ave, Fort Lauderdale, FL 33311

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Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 3 SF
  • Lot Size 0.93 SF
  • Year Built 1944
  • Year Renovated 1945
  • Date Updated Oct 27, 2026

Description

​​​​​​​Water Tower Progresso is a nearly one-acre development site located at 628-642 NW 3rd Avenue in Fort Lauderdale’s rapidly evolving Progresso Village. Zoned NWRAC-MUe, the property offers unrestricted residential density and strong mixed-use development potential. Seller-prepared plans illustrate an 18-story, 179-unit multifamily project with approximately 129,559 square feet of net leasable area. The site is strategically positioned near FAT Village, Flagler Village, Downtown Fort Lauderdale and the Brightline station, with potential Opportunity Zone and Live Local tax benefits.

Available

Contacts

Location

Located at 628 NW 3rd Ave, Fort Lauderdale, FL 33311, this property is part of the Progresso Village neighborhood and Fort Lauderdale market.

  • 90/100 Very Walkable
  • 57/100 Good Transit
  • 67/100 Bikeable
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