440 NE 1st Ave, Fort Lauderdale, FL 33301
Local realty services provided by:CENTURY 21 Hansen Realty
Listed by: tamara davis
Office: real broker llc.855-450-0442
MLS#:A12039042
Source:SEFMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$1,084.52
About this home
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....
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Home facts
- Year built:1958
- Subdivision & Development:NORTH LAUDERDALE AMENDED
- Listing ID #:A12039042
- Updated:August 04, 2026 at 09:54 AM
Rooms and interior
- Flooring:Tile
- Living area:1,337 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric, Wall/Window Units
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1958
- Building area:1,337 sq. ft.
- Construction Materials:Block, Brick
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$1,084.52
- Tax amount:$8,496 (2025)
Parking
- Total parking spaces:2
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