FLAGLER VILLAGE APARTMENTS

721 NW 3 AVE, FORT LAUDERDALE, FL 33311

  • For Sale $2,300,000
  • Property Type Multi-Family
  • Property Size 7,343 SF
  • Units 10
  • Year Built 1973
  • Date Updated Mar 25, 2025
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 10 unit apartment building in the best location in Fort Lauderdale! The property includes 10 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 $240,000 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

The Keyes Company

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable
  • Transit Score ®

    53/100 Good Transit
  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City FORT LAUDERDALE, FL
  • Neighborhood Progresso Village
  • Zip Code 33311
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    0.60 miles

  • Esplanade Park

    0.89 miles

  • River House

    1.11 miles

  • Sheridan Street

    7.07 miles

Frequently Asked Questions

How much does FLAGLER VILLAGE APARTMENTS cost?

The space currently listed for sale at FLAGLER VILLAGE APARTMENTS asks for $2,300,000.

What is the total square footage of FLAGLER VILLAGE APARTMENTS?

FLAGLER VILLAGE APARTMENTS totals 7,343 square feet.

When was this property built?

FLAGLER VILLAGE APARTMENTS was built in 1973.

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Contact Listing Broker
broker

The Keyes Company

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