Native Realty Hired to Market Downtown Fort Lauderdale, FL Property with Significant Development Potential

FORT LAUDERDALE, FL, July 20, 2020 – Native Realty, the pioneering Fort Lauderdale-based commercial real estate firm, is marketing one of the last development sites on downtown Fort Lauderdale’s Federal Highway corridor for $12.5 million.

Firm Founder and CEO Jaime Sturgis is listing the 150 N. Federal Hwy. property.

 The 0.78-acre site is walking distance to many of the city’s most popular bars and restaurants on Las Olas Boulevard and in Flagler Village. It is just down the street from Virgin Trains USA’s Fort Lauderdale station.

Existing zoning potentially allows for hotel with up to 212 rooms, residential with up to 109 units or a 12-story mixed-use development.

 “You could not ask for a more well-positioned development site at the gateway to downtown Fort Lauderdale,” Sturgis said. “We anticipate substantial interest in this offering given the scarcity of such properties in the city’s urban core.”

150 North  Federal Highway, Fort Lauderdale, FL

Sturgis and Native’s Dan Ross are also exclusively marketing one of the last available land assemblages in Flagler Village. The 600, 614 and 618 NE Third Ave. and 313 NE Sixth St. assemblage is priced at $7.7 million and has zoning that allows for a wide variety of development up to 150 feet.

 CONTACT: 

Eric Kalis

Vice President

BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

www.nativere.com.