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515 SW 3rd Avenue, Fort Lauderdale, FL

New Listing
$9,995,000
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

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.

More Information MLS# B26089951

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Listing Date: 2026-10-19 Status: Active Original List Price: 9995000 List Price: $9,995,000 Current Price: $9,995,000 Listing Service: Full Service

Location and Legal

County Or Parish: Broward Municipality Type: Incorporated Postal Code: 33315 Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590) Subdivision Number: 1 Flood Zone: AE Property Description: RESIDENTIAL - SINGLE FAMILY Country: United States Street Number: 515 Street Direction Prefix: SW Street Name: 3rd Street Suffix: Avenue State Or Province: FL Postal Code +4: 1003 Area: 3500 Parcel Number: 504210014750 Zoning: RAC-SMU

General Property Information

Adjusted Area Main: 1125 Accessibility Features YN: No Lot Size Area: 7250 Stories Total: 1 Property Sub Type: Multi Family Building Area Main: 1162 Building Area Source: Appraiser Year Built: 1950 Parking Total: 2 Lot Size Acres: 0.17

Financial Information

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

Office/Member Information

DXORIGMLSID: RML

Electric

Other: 1

Special Listing Conditions

Standard: 1

Documents Available

Aerial Photo(s): 1

Meter Information

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

Possession

Subject To Tenant Rights: 1

Sewer

Public Sewer: 1

Utilities

Sewer Connected: 1 Underground Utilities: 1

Heating

Other: 1

Construction Materials

Other: 1

Listing Terms

Cash: 1 Conventional: 1

Roof

Other: 1

Security Features

None: 1

Water Source

Public: 1

Cooling

Other: 1

Showing Requirements

Call Listing Agent: 1

Acreage Description

Less Than 1/4 Acre Lot: 1 Less Than 1 Acre Lot: 1

Status Change Information

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

Originating Details

Originating System Key: 20261015160649736511000000 Originating System ID: M00000170

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
Listing Office: Fortune Christie's International Real Estate
Last Updated: October - 19 - 2026
515 SW 3rd Avenue, Fort Lauderdale, FL- MLS# B26089951
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.
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