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.
- Swimming Pool
- Heating System
- Cooling System
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33301
- Street:
- 440 Ne 1st Ave, Fort Lauderdale, Florida 33301
- Longitude:
- W81° 51' 26.5''
- Latitude:
- N26° 7' 36.6''
- Building Area:
- 1,337 Sqft
- Construction Materials:
- Block, Brick
- Cumulative DOM:
- 2
- DOM:
- 6
- Flooring:
- Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 504203022050
- Subdivision Name:
- NORTH LAUDERDALE AMENDED
- Tax Annual Amount:
- $8,496
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
440 Ne 1st Ave, Fort Lauderdale, Florida 33301, Fort Lauderdale, Florida 33301
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,450,000
- Square Footage :
- 1,337 Sqft
- Year Built :
- 1958
- MLS # :
- A12039042
- Property Sub Type :
- Duplex
