Building Description
Executive Summary
Native Realty is pleased to present a premier multifamily portfolio opportunity consisting of 10 assets strategically located throughout Fort Lauderdale, primarily within the highly sought-after Flagler Village, Studio City, and surrounding urban core submarkets. This curated portfolio includes a mix of stabilized, income-producing multifamily properties and a prime land assemblage, offering both immediate cash flow and long-term redevelopment potential.
The portfolio comprises over ±193,000 square feet of land across multiple parcels and approximately ±107,000 square feet of existing improvements. The collection includes a diverse range of unit types and building configurations, totaling approximately 115 units, with a mix of studios, one-bedroom, and two-bedroom units catering to strong workforce and urban rental demand.
A key component of the portfolio is the NE 1st Avenue assemblage (508–536 NE 1st Ave), which provides significant scale and includes a vacant parcel, creating a rare opportunity for large-scale redevelopment in a rapidly densifying corridor. Additional assets are positioned across multiple zoning districts including RAC-UV, RMM-25, RC-15, RM-15, and CB, offering flexibility for future density, mixed-use concepts, and redevelopment strategies.
The portfolio is located within minutes of Downtown Fort Lauderdale, Las Olas Boulevard, Brightline, and the beach, benefiting from strong population growth, employment drivers, and ongoing development activity. These locations continue to experience significant investment, making them among the most active multifamily submarkets in South Florida.
This offering presents a unique opportunity to acquire institutional-scale critical mass in a supply-constrained urban market, combining stabilized income, value-add upside, and long-term redevelopment potential across multiple high-growth corridors.
