440 NE 1st Ave, Fort Lauderdale FL 33301 | Broward County | A12039042
  • $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: 1st Ave
  • City: Fort Lauderdale
  • Zip/Postal Code: 33301

Details

Updated on June 21, 2026 at 11:43 pm
  • Property ID A12039042
  • Price $1,450,000
  • Property Size 1337 Sq Ft
  • Year Built 1958
  • Property Status Active, Residential Income

Additional details

  • Flooring Tile
  • Cooling Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Association Type None
  • Building NORTH LAUDERDALE AMENDED
  • Area North Lauderdale Amended
  • Annual Tax 8496
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision NORTH LAUDERDALE AMENDED
  • Total Stories 1
  • Heating Central
  • Structure Type Duplex
  • Tax Year 2025
  • Construction Brick, CBS Construction
  • Building Area 1337
  • Year Built Details Unknown
  • Flood Zone AE
  • New Construction No
  • Style Duplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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