Multi-Family Development
For Sale
$5,000,000
431 NW 1st, Fort Lauderdale, FL 33301
Two adjoining parcels positioned for mixed-use or multi-family development with approval for high-rise potential.
Property SizeContact for details
Days on Market375
Property Features for 431 NW 1st
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Opportunity Zone
Yes
Building Details
Stories
30
Listing Agency:
ONE SOTHEBY'S INTERNATIONAL RE
(954) 630-7020
Listed By:
MICHELLE DIMARCO · License #F10506407
Source:
Corcoran
Added: Jul 31, 2025
Changed: Aug 8
Last Checked: Jul 20 at 8:38AM
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 RE
Investment Insights
Based on property information with market context.
This offering includes two adjoining land parcels, and the sale also includes an additional parcel at 429 NW 1st Ave. The property is described as suitable for mixed or multi-family development, with entitlement guidance noting the ability to build up to 30 stories and no setbacks per the City of Fort Lauderdale zoning department. Land survey information is available in the supplements.
The parcels are located in an opportunity zone and identified as being in a HubZone. Public remarks also reference the Live Local Act and indicate the site is near Fort Lauderdale Brightline Station, described as a short walk. An additional parcel at 114 NW 5th St. is also noted as available.
For developers or owner-users evaluating vertical development options, the site’s high-rise parameters and no-setback guidance support flexible planning within the mixed or multi-family framework referenced in the materials. Submit an offer with the related parcel information to confirm your intended program and align with the applicable local requirements.
The parcels are located in an opportunity zone and identified as being in a HubZone. Public remarks also reference the Live Local Act and indicate the site is near Fort Lauderdale Brightline Station, described as a short walk. An additional parcel at 114 NW 5th St. is also noted as available.
For developers or owner-users evaluating vertical development options, the site’s high-rise parameters and no-setback guidance support flexible planning within the mixed or multi-family framework referenced in the materials. Submit an offer with the related parcel information to confirm your intended program and align with the applicable local requirements.
Key Highlights
- Two adjoining parcels in Ft. Lauderdale’s Fat Village between W Sunrise Blvd and W Broward Blvd
- Located in an opportunity zone and HubZone
- Just a 5‑minute walk to Fort Lauderdale Brightline Station
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,583
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjoining parcels positioned for mixed-use or multi-family development with approval for high-rise potential.
Where is this residential land & home lot located?
The property is located at 431 NW 1st 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: Two adjoining parcels in Ft. Lauderdale’s Fat Village between W Sunrise Blvd and W Broward Blvd; Located in an opportunity zone and HubZone; Just a 5‑minute walk to Fort Lauderdale Brightline Station
