440 NE 1st Ave, Fort Lauderdale FL 33301 | Broward County | A12039042
- $1,450,000
- $1,450,000
Description
Prime Flagler Village Portfolio -3 Properties Offered at $3,300,000 in Fort Lauderdale, FL. A rare development opportunity in the rapidly transforming Flagler Village neighborhood of Downtown Fort Lauderdale. The portfolio includes 3 contiguous parcels totaling 12,750 SF, with an option to secure a fourth parcel for full 19,125 SF control. Zoned RAC-UV (Regional Activity Center – Urban Village), assemblage supports ground-up multifamily, boutique mixed-use, or repositioning strategies with height potential up to approximately 150 feet, subject to approvals. Current structures provide income during entitlement and planning phases, generating approximately $13,000 monthly—a strategic advantage for developers seeking cash flow during pre-construction. The site’s walkability to FAT Village’s creative corridor, Brightline station, and Las Olas dining and retail amplifies its desirability for urban residential or mixed-use concepts. Preliminary conceptual analysis suggests feasibility for 38–42 units at mid-rise scale, with competitive pricing scenarios indicating attractive profit margins in comparison to local benchmarks, including nearby luxury towers trading at $880–$960/SF and loft-style assets in the $390–$550/SF range. $3.3 million for three parcels or $4.5 million for the complete four-parcel. These properties deliver exceptional positioning for developers, value-add investors, or long-term land-banking strategies poised to benefit from sustained demand in Fort Lauderdale.
Address
Open on Google Maps-
Address: 1st Ave
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City: Fort Lauderdale
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Zip/Postal Code: 33301
Details
Updated on June 21, 2026 at 11:43 pm-
Property ID A12039042
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Price $1,450,000
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Property Size 1337 Sq Ft
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Year Built 1958
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Property Status Active, Residential Income
Additional details
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Flooring Tile
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Cooling Ceiling Fan(s), Electric, Wall/Window Unit(s)
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Association Type None
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Building NORTH LAUDERDALE AMENDED
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Area North Lauderdale Amended
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Annual Tax 8496
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Subdivision NORTH LAUDERDALE AMENDED
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Total Stories 1
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Heating Central
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Structure Type Duplex
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Tax Year 2025
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Construction Brick, CBS Construction
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Building Area 1337
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Year Built Details Unknown
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Flood Zone AE
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New Construction No
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Style Duplex
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Lot Size (Sq Ft) 0
Mortgage Calculator
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