Listed price in listed location currency (USD).
$1,450,000

002

MLS® A12039042

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1337 sqft
Garage 
Taxes $8,496
Days Active 3
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $1,084
MLS® Number A12039042

Property Address: 440 Ne 1st Ave, Fort Lauderdale, FL, 33301-3227

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA12039042
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
Driveway
Garage Spaces
HeatCentral, Separate Meters
A/CCeiling Fans, Electric, Wall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 20, 2026List Date
$1,450,000List Price
Jan 22, 2024End Date
$1,900Sold Price

Leased

Jun 6, 2026List Date
$2,000List Price
  • Commute

Commute

Starting Address
Destination Address
440 Ne 1St Ave, Fort Lauderdale, FL

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