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440 NE 1st Ave, Fort Lauderdale
#MLS: A12039042
$ 1 450 000
Listing date06/20/2026
CityFort Lauderdale, FL 33301
Address440 NE 1st Ave
Area1337 sqft
Tax/year$ 8 496
Built year1958

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 monthlya strategic advantage for developers seeking cash flow during pre-construction. The sites walkability to FAT Villages 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.

440 NE 1st Ave Fort Lauderdale, FL 33301 duplex house for sale with MLS A12039042 located in NORTH LAUDERDALE AMENDED. If you want to buy Duplex - 440 NE 1st Ave Fort Lauderdale, FL 33301, call today!
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