Map of Property

Multifamily Assemblage

For Sale

745 NE 5th Ave, Fort Lauderdale, FL 33304

This Fort Lauderdale property for sale is located at 745 NE 5th Ave. The general use of Multifamily Assemblage is multi-family and it incorporates 8,089 square feet of class C multi-family space. The current listed sale price for Multifamily Assemblage is $4,644,787.5. Multifamily Assemblage is situated on a lot that is 0.46 acre in size.

Contacts

broker
Jaime Sturgis

Native Realty

Property Details

  • Property Type Multi-Family
  • Property Size 8,089 SF
  • Units 15
  • Lot Size 0.46 Acre
  • Building Class C
  • Year Built 1976
  • Date Updated Sep 2, 2025
Centrally located just north of Downtown Fort Lauderdale, this multifamily assemblage sits in a well-established area undergoing steady growth and redevelopment. The site is close to Flagler Village, the NE 13th Street Arts District, and several major improvement projects that continue to shape the neighborhood. With easy access to US-1, Sunrise Boulevard, and I-95, the property is minutes from Las Olas, Fort Lauderdale Beach, and the Brightline station. This location offers strong connectivity and a solid foundation for future value as the surrounding area continues to evolve.This 15-unit multifamily assemblage is located in Fort Lauderdale's hottest emerging market, Flagler Village.The property features twelve 1-bedroom/1-bathroom units and three 2-bedroom/1-bathroom units, making it well-suited for consistent rental demand from individuals, couples, and small households. The assemblage sits a few blocks from Las Olas Blvd, Downtown Fort Lauderdale and is surrounded by new restaurants, shopping, and lifestyle amenities. Demand for Flagler Village continues to outpace supply, with new development and renovations taking place throughout the surrounding areas, including two projects each exceeding $1 billion within a few blocks of the subject property. This activity is helping to drive both tenant interest and long-term value in the area. With stable occupancy and well-proportioned units, the assemblage offers immediate cash flow with room to improve operations or redevelop over time. It’s a straightforward opportunity in a central location, ideal for investors looking to build or expand a footprint in Fort Lauderdale’s core rental market. The underlying zoning allows for high density multifamily and mixed use redevelopment, making this a covered land play.
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Highlights

  • 15 Total Units: Mix of 12 one-bedroom and 3 two-bedroom apartments across two nearby parcels.
  • Central Location: Minutes from Flagler Village, downtown Fort Lauderdale, and major transit routes.
  • Income-Producing with Upside: Well-maintained with stable occupancy and potential for future improvements.

Getting around

  • 94/100

    Walk Score ®

  • 49/100

    Transit Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fort Lauderdale, FL
  • Neighborhood Flagler Village
  • Zip Code 33304
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    0.76 miles

  • Esplanade Park

    1.07 miles

  • River House

    1.10 miles

  • Sheridan Street

    7.23 miles

  • Tesla Supercharger

    0.18 miles

  • 7-Eleven

    0.51 miles

  • Shell

    0.68 miles

  • Sunoco

    0.92 miles

  • Speedway

    1.00 miles

  • Mobil

    1.56 miles

  • Chevron

    1.75 miles

  • ChargePoint Charging Station

    7.36 miles

  • Sunrise Town Center

    7.59 miles

  • Publix

    0.70 miles

  • Arts & Science District Garage

    1.03 miles

  • CVS

    1.38 miles

  • Galleria

    1.48 miles

  • Galleria Parking

    1.65 miles

  • East Parking Lot

    2.06 miles

  • Main Office Parking #2

    2.08 miles

  • Main Office Parking Lot #1

    2.10 miles

  • Sebastian Lot (Handicap only)

    2.27 miles

  • Fort Lauderdale Beach Parking

    2.57 miles

  • Courtyard Fort Lauderdale Downtown

    0.10 miles

  • The Dalmar, Fort Lauderdale, a Tribute Portfolio Hotel

    0.58 miles

  • Travelodge Ft. Lauderdale

    0.60 miles

  • Tru

    0.62 miles

  • Hampton Inn Ft. Lauderdale/Downtown Las Olas Area

    0.63 miles

  • Home2 Suites

    0.64 miles

  • Fairfield Inn & Suites Fort Lauderdale Downtown/Las Olas

    0.80 miles

  • Riverside Hotel

    1.01 miles

  • Clarion Inn Fort Lauderdale

    1.22 miles

  • Victoria Park Hotel

    1.22 miles

  • Winn-Dixie

    0.22 miles

  • Pet Supermarket

    0.40 miles

  • Aldi

    0.45 miles

  • The Fresh Market

    0.46 miles

  • Publix

    0.71 miles

  • Presidente Supermarket

    1.05 miles

  • Macy's

    1.49 miles

  • Trader Joe's

    1.62 miles

  • The Galleria at Fort Lauderdale

    1.63 miles

  • Dillard's

    1.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jaime Sturgis

Native Realty

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