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515 SW 3rd Avenue, Fort Lauderdale FL 33315

Commercial For Sale
$9,995,000

BTC: 120.42168675

ETH: 4,109.78618421

New
0 room(s)

Overview

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.

Location

Florida • Fort Lauderdale • 33315 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1950
Lot:
0.17 Acres
Heating:
Other
Price/sqft:
No Data
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,806,500
$785K – $7.2M
Confidence Low
List vs. estimate
$8.2M above estimate
List $9,995,000 · +453.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,185
2025
Parking
2 spaces
All facts and features

  • Heating

    • Other

    Cooling

    • Other

  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 504210014750

    • Zoning: RAC-SMU

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Underground Utilities

    • Sewer Available

  • Other financial information

    • Annual tax amount: $7,185

  • Source details

    • MLS ID: B26089951

    Other facts

    • Construction Materials: Other

    • Lot Features: Less Than 1/4 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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Market around this address

Live counts in the same area.
View all
This zip
33315
129
median $729K
Active
Same city
Fort Lauderdale
1,822
median $749K
Active
Same type
Commercial
82
median $1.4M
Active
Similar price
$7.0M – $13.0M
44
median $9.5M
Active

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: Fortune Christie's International Real Estate