request_info_guest false

North Lauderdale Amended

$1,450,000

440 NE 1st Ave, Fort Lauderdale, FL 33301

Active
Last Updated: 06/23/2026

1,337 sqft

Building Size

2

Units

Details:
Building Size:    1,337 sqft
Units:    2
Year Built:    1958
Floors:    1
Parking Spots:    2
Gross Leaseable Area:    1,337
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Investment Analysis, Rent Rolls
  • Architectural Style: Detached
  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Heating: Central
  • Flooring: Tile
  • Construction Materials: Brick, CBS Construction
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. 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.

Map:
Location
Gallery