440 NE 1st Avenue, Fort Lauderdale, FL 33301 (MLS# RX-11102232)
$1,400,000
Fort Lauderdale, FL 33301
MLS# RX-11102232
1337 sqft

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Property Description
📍 Prime Development Opportunity - RAC-UV Zoned Assemblage | Flagler Village (1 of 3 lots) 🔹 Flagler Village Redevelopment Opportunity This rare three-parcel assemblage is located in the heart of Flagler Village — one of Fort Lauderdale's fastest-growing and most in-demand urban neighborhoods. With flexible RAC-UV zoning, this site is ideal for high-density residential, mixed-use, or boutique hospitality projects. The site includes one fully operational duplex plus two adjacent income-generating properties that can be purchased separately or together. Currently cash-flowing, the combined footprint offers a compelling opportunity for developers looking to scale.
Details
Contract Information
Listing Date: 2025-06-24
Status: Active
Original List Price: 1400000
Auction: No
List Price: $1,400,000
Current Price: $1,400,000
List Price/SqFt: 1047.12
General Property Description
Type: Duplex
Structure Type: Duplex
Total # of Units: 2
Property Condition: Resale
Year Built: 1958
Number of Stories: 1
SqFt - Total: 1337
SqFt - Living: 1337
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Subdivision: NORTH LAUDERDALE AMENDED PLAT
Lot SqFt: 6375
Waterfront: No
Private Pool: No
Pets on Premises: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location Tax Legal
Area: 3700
County: Broward
Parcel ID: 504203022050
Street #: 440
Street Dir: NE
Street Name: 1st
Street Suffix: Avenue
Zip Code: 33301
Legal Desc: NORTH LAUDERDALE AMENDED PLAT 1-182 D LOT 45,46 BLK 28
Geo Lat: 26.12759
Geo Lon: -80.142446
Unit 1 Info
Bedrooms: 1
Full Bath: 1
Furnished: Yes
SqFt: 750
Monthly Income: 2300
Unit 2 Info
Bedrooms: 2
Full Bath: 1
Furnished: Yes
SqFt: 750
Monthly Income: 2400
Income Expenses
Annual Total Expense: 10000
Annual Net Oper Inc: 89800
Storm Protection
Panel Shutters: Complete
Property Features
Source of Expenses: Owner
Construction: CBS; Concrete
Waterfront Details: None
Unit 1 Desc: A/C Unit; Disposal; Electric Meter
Unit 1 Parking: Open Parking
Unit 2 Desc: A/C Unit
Unit 2 Parking: Space Parking
Lot Description: < 1/4 Acre
Exterior Features: Covered Patio
Tenant Pays: None
Restrict: None
Flooring: Ceramic Tile; Vinyl Floor
Cooling: Central
Heating: Central
Roof: Comp Shingle
Terms Considered: Cash; Conventional; VA
Utilities: Cable; Public Sewer
Taxes: No Homestead
Avail Info: Leases
Possession: At Closing
Listing Office: Silmar Realty
Last Updated: June - 25 - 2025

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