About this home
Exceptional downtown Fort Lauderdale development opportunity combining 509, 515, and 517 into one pre-development assemblage. Located within the RAC-SMU zoning district, this offering presents an opportunity to explore high-rise development potential in a rapidly evolving urban market. The surrounding area is experiencing significant new development, particularly along the south side of the New River, enhancing the area's appeal for future investment. An outstanding opportunity for developers and investors seeking a strategic position in downtown Fort Lauderdale. Buyer to independently verify zoning, permitted uses, development potential, and all applicable city requirements.
Listing last checked: Listing updated:
Listed by Tyler Tuchow · Fortune Christie's International Real Estate · MLS #B26089951
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Details at a glance
Interior2 property facts
- Heating
- Other
- Cooling
- Other
Building4 property facts
- Style
- Multi Family
- Year built
- 1950
- Parking
- 2
- Roof
- Other
Land & utilities4 property facts
- Lot size
- 0.17 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RAC-SMU
Financial2 property facts
- Annual taxes
- $7,185
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $9,995,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$51,139 / monthAdjust
- Principal & interest
- $50,540
- Property tax
- $599
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,185. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$475,000 · Sold $450,000 · Oct 9, 2017
- Sld
$999,000 · Sold $450,000 · Jul 21, 2016
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About 515 SW 3rd Avenue
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Request a tour of 515 SW 3rd Avenue and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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