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.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
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
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Residential Income For Sale

440 Ne 1st Ave, Fort Lauderdale, Florida 33301, Fort Lauderdale, Florida 33301

1,337 Sqft
$1,450,000
MLS # #A12039042
Basic Details
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
Agent info
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