515 SW 3rd Avenue, Fort Lauderdale FL
$9,995,000 · $8,602 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $9,995,000
- Price per sq ft: $8,602
- Building size: 1,162 sq ft
- Lot size: 7,405 sq ft
- Zoning: RAC-SMU
- Year built: 1950
- Stories: 1
- Parking spaces: 2
- Parcel ID: 504210014750
- MLS#: B26089951








About this property
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.
Building Features and Utilities
- Sewer Connected
- Underground Utilities
- Other
Operating Statement
| Property taxes | $7,185/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Fortune Christie's International Real Estate · rpalma@fortuneintlgroup.com · Listing agent: Tyler Tuchow
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 515 SW 3rd Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Before You Make an Offer
Selling an Apartment Building?
Multifamily buyers underwrite the rent roll, the occupancy, the expenses, the insurance and the capital needs, and many tell BreakThru Realty the size and location they are buying. If you own an apartment building, a broker can check it against those requirements before you list and prepare the operating history buyers and their lenders will ask for.
Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.
Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty
A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.
Questions About 515 SW 3rd Avenue
- How much is 515 SW 3rd Avenue?
- 515 SW 3rd Avenue is listed at $9,995,000, about $8,602 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 515 SW 3rd Avenue zoned?
- The listing reports zoning of RAC-SMU. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 515 SW 3rd Avenue?
- The listing reports 1,162 square feet of building.
- When was 515 SW 3rd Avenue built?
- 515 SW 3rd Avenue was built in 1950. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 515 SW 3rd Avenue?
- The listing reports annual property taxes of $7,185 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 515 SW 3rd Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
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