515 SW 3rd Avenue, Fort Lauderdale, FL

New Listing

$9,995,000

Virtual Tour

https://www.propertypanorama.com/515-SW-3rd-Avenue-Fort-Lauderdale-FL/unbranded

Property Type: Commercial Sale Square Footage: 1,162 Status: Active

Current Price: $9,995,000 List Date: 10/19/2026 Last Modified: 10/19/2026

Overview

Description

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 Details MLS# B26089951

General Property Information

Property Sub Type: Multi Family
Building Area Main: 1162
Building Area Source: Appraiser
Adjusted Area Main: 1125
Year Built: 1950
Parking Total: 2
Lot Size Area: 7250
Lot Size Acres: 0.17
Accessibility Features YN: No
Stories Total: Yes

Property Features

Documents Available: Aerial Photo(s) Electric: Other Heating: Other Possession: Subject To Tenant Rights Special Listing Conditions: Standard Construction Materials: Other Cooling: Other Listing Terms: Cash; Conventional Roof: Other Security Features: None Sewer: Public Sewer Utilities: Sewer Connected; Underground Utilities Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 9995000
Negotiable Seller Concessions YN: No
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 515
Street Direction Prefix: SW
Street Name: 3rd
Street Suffix: Avenue
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33315
Postal Code +4: 1003
Area: 3500
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Parcel Number: 504210014750
Subdivision Number: Yes
Zoning: RAC-SMU
Flood Zone: AE
Property Description: RESIDENTIAL - SINGLE FAMILY

Financial Information

Tax Annual Amount: 7185.4
Tax Year: 2025
Tax Assessed/SOH Value: 360760
Tax Legal Description: FT LAUDERDALE B-40 D LOT 17 BLK 47
Assessor Market Value: 397590

Status Change Information

Major Change Timestamp: 2026-10-19T15:04:17Z
Major Change Type: New Listing
Status Change Date: 2026-10-19

More Information

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 2
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 2

Originating Details

Originating System Key: 20261015160649736511000000
Originating System ID: M00000170

Listing Office: Fortune Christie's International Real Estate

Last Updated: October - 19 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

515 SW 3rd Avenue, Fort Lauderdale, FL (MLS# B26089951)