521 Southwest 3rd Avenue

Development Opportunity These prime lots in Downtown Fort Lauderdale present an outstanding development opportunity in one of the city's fastest-growing areas. Located within the Fort Lauderdale Consolidated Downtown Master Plan, "Building a Livable Downtown," the combined 36,249 square feet are perfectly suited for investors or developers aiming to create a high-quality residential or mixed-use project in this thriving urban setting.The Fort Lauderdale Consolidated Downtown Master Plan addresses the rapid growth of the downtown area, aiming to transform it into a vibrant, livable urban center. Key components include: Distinct Public Spaces: Accessible and unique community areas. High-Quality Buildings: Designed to enhance street-level experiences with flexible, innovative architecture. Zoning and Land Use Zoning District: RAC Southwest Mixed-Use Character Area: Urban Neighborhood Permitted Uses: Primarily residential, with potential for community retail and employment spaces. Development Potential Maximum Height: By Right: Up to 6 stories. Conditional Use: Up to 12 stories (120 feet) through a Unified Land Development Regulations (ULDR) application. Building Type: Should incorporate building shoulders and Stage 1 towers in line with the urban design. Floorplate Size: Office: 16,000 SF, no maximum up to 5 stories. Residential: 10,000 SF, no maximum up to 5 stories. Application Process: To exceed 6 stories, a Site Plan Level III Application is required, including DRC Review, Planning and Zoning Board approval, and City Commission oversight. Location Highlights Downtown Las Olas: Close to dining, shopping, and entertainment. Beach Access: Just 10 minutes away. Fort Lauderdale Airport: 15 minutes for convenient travel. Transportation: Easy access to major routes for broader connectivity. Investment Highlights Strategic Location: In a high-demand urban area, perfect for residential or mixed-use developments. Development Flexibility: Zoning allows for creative, high-quality projects. Urban Neighborhood Character: Ideal for investors seeking to contribute to Fort Lauderdale’s evolving downtown landscape.