Fat Village Opportunity Zone
For Sale
$5,000,000
431 NW 1st Ave, Fort Lauderdale, FL 33301
Two adjoining parcels in Fort Lauderdale's Fat Village.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market151
Property Features for 431 NW 1st Ave
General Information
Standard status
Active
Lot size
0.15 Acres
Property subtype
Commercial
Listing Agency:
One Sotheby's International Realty
(561) 715-9601
Listed By:
Michelle DiMarco · License #3517991
(561) 715-9601
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 8 at 1:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International Realty
Investment Insights
Based on property information with market context.
Two adjoining parcels are available in Fort Lauderdale's Fat Village, situated between W Sunrise Blvd and W Broward Blvd. The property is located in an opportunity zone and is a 5-minute walk to Fort Lauderdale's Brightline Station. The site is suitable for mixed-use or multi-family development. The sale includes 429 NW 1st Ave. According to the zoning department of Ft. Lauderdale, construction of up to 30 stories is permitted, with no setbacks. The Live Local Act can be utilized. Additional parcels are available at 114 NW 5th St, totaling 0.64 acres. The property is located in a HubZone. A land survey is available in the supplements.
Key Highlights
- Development opportunity in the rapidly growing Fat Village area.
- Located in an opportunity zone, offering potential tax benefits.
- Walking distance (5 minutes) to Fort Lauderdale's Brightline Station.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,970
Businesses Nearby
Explore this area
Business Placement
Demographics for 33301, FL
19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two adjoining parcels in Fort Lauderdale's Fat Village.
Where is this commercial land located?
The property is located at 431 NW 1st Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Development opportunity in the rapidly growing Fat Village area.; Located in an opportunity zone, offering potential tax benefits.; Walking distance (5 minutes) to Fort Lauderdale's Brightline Station.
