# 440 NE 1st Ave, Fort Lauderdale, FL 33301

> **TL;DR:** 4bd/2ba multi-family, $1,450,000 ($1085/sqft), built 1958, 1,337 sqft. Est. $6,283/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,450,000 |
| Price/sqft | $1085 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,337 |
| Year Built | 1958 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,283 |
| **Total** | **$6,283** |

## Property Highlights

- Built in 1958
- 2 parking spaces

## Description

### 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.

## Location

- **Address:** 440 NE 1st Ave, Fort Lauderdale, FL 33301
- **County:** Broward
- **Neighborhood:** North Lauderdale Amended

## Listing Agent

- **Name:** Tamara Davis
- **Brokerage:** Real Broker LLC
- **Phone:** 9548064153
- **Email:** rm0994938@proton.me

## Primary Photo

![440 NE 1st Ave - Primary Photo](http://lh.rdcpix.com/0bcde920eb03ef1646ea01f1c13a1f97l-f3022961097r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/440-ne-1st-ave-fort-lauderdale-fl-33301-12039042)*

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**MLS#:** A12039042 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/440-ne-1st-ave-fort-lauderdale-fl-33301-12039042)

---

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  "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. Curre",
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  "datePosted": "2026-06-24",
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