440 NE 1st Ave, Fort Lauderdale, FL 33301
440 NE 1st Ave, Fort Lauderdale, FL 33301
440 NE 1st Ave, Fort Lauderdale, FL 33301
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William Gartin

William Gartin

+1(305) 842-6097
$1,450,000
Est. payment /mo
1,337 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,337 sqft

Price per Sqft $1,084

Subdivision North Lauderdale Amended

MLS Listing ID A12039042

HOA Y/N No

Year Built 1958

Annual Tax Amount $8,496

Tax Year 2025

Property Sub-Type Duplex

Property 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.

Location

State FL

County Broward

Community North Lauderdale Amended

Area 3460

Interior

Heating Central

Cooling Ceiling Fan(s), Electric, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Brick,Block

Others

Tax ID 504203022050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12039042

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Real Broker LLC

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

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