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540 NW 20th Avenue, Fort Lauderdale FL 33311

Commercial For Sale
$1,900,000

BTC: 29.15004603

ETH: 998.61245427

60 days
0 room(s)

Overview

Prime redevelopment opportunity located in the heart of Sistrunk, one of Fort Lauderdale's fastest-growing and most actively developing corridors. Surrounded by ongoing residential, commercial, and mixed-use projects, this property offers exceptional potential for investors, developers, and visionaries looking to capitalize on the area's continued growth. Ideal for office space, mixed-use development, multifamily housing, retail, or other income-producing ventures, subject to zoning and municipal approvals. Positioned just minutes from Downtown Fort Lauderdale, Brightline, Las Olas, major highways, and the beach, this is a rare opportunity to secure property in a high-demand location with tremendous upside potential. Located directly within the Sistrunk redevelopment district where significant public and private investment continues to transform the area. Property is being offered for its strategic location and redevelopment potential. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, density allowances, and development requirements with the appropriate municipal authorities.

Location

Details

Type:
Commercial Sale
Parking:
Free Parking
Year Built:
1957
Lot:
0.46 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,362,500
$459K – $2.7M
Confidence Low
List vs. estimate
$537K above estimate
List $1,900,000 · +39.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
76 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,916
2025
Parking
3 spaces
All facts and features
  • Flooring

    • Carpet

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • Free Parking

    Lot

    • Lot: 0.46 Acres

    Other Property Information

    • Parcel Number: 504204300490

    • Zoning: NWRAC-MUw

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Sewer Available

  • Other financial information

    • Annual tax amount: $1,916

  • Source details

    • MLS ID: B26035857

    Other facts

    • Construction Materials: Concrete Block With Brick

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Realty Group Inc.