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Commercial Land with Adjacent Lot
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429 NW 1st Ave, Fort Lauderdale, FL 33301

Opportunity to control an adjacent lot together with a building delivered in shell condition and a new roof.

Property Size4,025 SF
Lot Size0.15 Acres
Days on Market50

Property Features for 429 NW 1st Ave

General Information

Standard status Active
Size 4,025 SF
Lot size 0.15 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $29,139

Building Details

Building Size 4,025 SF
Year Built 1958
Stories 1
Listing Agency: One Sotheby's International Realty
Listed By: Michelle DiMarco · License #3517991
Source: Elliman
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 8 at 10:40AM

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.

This offering combines a commercial land parcel with the adjacent 6,375 sq ft lot next door at 431 NW 1st Avenue. The package includes a building that will be delivered in shell condition, with a new roof installed prior to delivery. The properties are intended to be leased together, providing one combined site configuration for an operator seeking land support alongside an unfinished building.

Located at 429 NW 1st Ave in Fort Lauderdale, the surrounding area is described by BikeScore of 51 (bikeable) and WalkScore of 54 (somewhat walkable), with a TransitScore of 40 (some transit). No additional details regarding frontage, access points, or neighboring businesses are provided in the available materials.

For tenants, buyers, or developers, the practical value here is the ability to pair land area with a building that can be finished to suit the intended use, while starting from a freshly roofed shell. Because the properties are designed to be controlled together, the site is most relevant for users whose plans depend on both the building footprint and the adjacent lot area.

Key Highlights

  • Year built 1958 commercial building leased together with the adjacent 6,375 SF lot at 431 NW 1rst Avenue
  • New roof planned and building delivered in shell condition
  • Lease terms listed at $30 per SF for the building and $12 per SF for the adjacent land

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Restaurant Tanning Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,970
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Opportunity to control an adjacent lot together with a building delivered in shell condition and a new roof.
Where is this commercial land located?
The property is located at 429 NW 1st Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Year built 1958 commercial building leased together with the adjacent 6,375 SF lot at 431 NW 1rst Avenue; New roof planned and building delivered in shell condition; Lease terms listed at $30 per SF for the building and $12 per SF for the adjacent land
More about this property
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