Flagler Village assemblage hits market for $8M

Assemblage totals nearly 1 acre and includes a 9K sf building

TRD MIAMI /
Apr.April 22, 2020 01:30 PM
Native Realty’s Jaime Sturgis and the property

Native Realty’s Jaime Sturgis and the property

One of the last available land assemblages in Fort Lauderdale’s Flagler Village hit the market for $8 million.

Fort Lauderdale-based Native Realty’s Jaime Sturgis and Dan Ross are listing the sites, with zoning that allows for a variety of development up to 150 feet, according to a release.

The assemblage totals nearly 1 acre and includes a 9,038-square-foot commercial building. The properties are at 600, 614 and 618 Northeast Third Avenue and 313 Northeast Sixth Street.

Third Avenue Investments Corp & Sunart Rentals own the sites at 600 Northeast 3rd Avenue and 313 Northeast 6th Street, while David and Judith Severns own the properties at 614 and 618 Northeast Third Avenue, records show.

Flagler Village is one of the hottest neighborhoods in Fort Lauderdale for new development. It is close to the Virgin Trains USA station and was designed to be an arts and entertainment hub like Miami’s Wynwood neighborhood. The area is seeing increased interest from apartment developers.

In January, TA Realty bought a 340-unit apartment project in Flagler Village for $112 million from a partnership between Morgan Group and JPMorgan. Mill Creek is also building a 24-story, 350-unit luxury apartment building called Modera 555 at 812 Northeast Fifth Avenue in Flagler Village.


Related Articles

arrow_forward_ios
Alan Hooper, Tim Petrillo, The Forge

Urban Street Development scores loan for FATVillage loft project

Urban Street Development scores loan for FATVillage loft project
IT! Italy Ristorante Café & Bar, Steve Zack of Boies Schiller Flexner and Steven Marks of Podhurst Orseck

Fort Lauderdale restaurant sues Chubb, seeks class action over coronavirus business interruption claim

Fort Lauderdale restaurant sues Chubb, seeks class action over coronavirus business interruption claim
Atria Willow Wood

SoFla senior housing developers brace for coronavirus impact

SoFla senior housing developers brace for coronavirus impact
Mayor Dean Trantalis (Credit: Larry Marano/Getty Images)

Restaurants, bars and gyms to shut down immediately in Fort Lauderdale

Restaurants, bars and gyms to shut down immediately in Fort Lauderdale
Gov’t Meetings Canceled or Moved Online Due To Coronavirus (Credit: iStock)

Miami, Miami Beach and Fort Lauderdale cancel city meetings

Miami, Miami Beach and Fort Lauderdale cancel city meetings
Coronavirus closures hit South Florida restaurants and stores

Coronavirus closures hit South Florida restaurants and stores

Coronavirus closures hit South Florida restaurants and stores
Howard Wurzak’s development firm is suing over delays and defects at the double branded Dalmar and Element hotel

Fort Lauderdale hotel developer sues Tutor Perini, seeking nearly $12M for alleged delays, defects

Fort Lauderdale hotel developer sues Tutor Perini, seeking nearly $12M for alleged delays, defects
Joseph P. Thomas, Adam Duncan and Tyler Carbonelli with the Fort Lauderdale properties

California investors buy multifamily portfolio in Fort Lauderdale

California investors buy multifamily portfolio in Fort Lauderdale
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...