Home » Properties » 431 NW 1st Avenue, Fort Lauderdale FL 33301

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Commercial Opportunity in Fort Lauderdale's Fat Village

Two adjoining commercial parcels in Fort Lauderdale's Fat Village, near Brightline Station, ideal for mixed or multi-family development.

$5,000,000

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MLS #F10506407

Listing Updated: 2026-07-14 18:43:06

Listed By: One Sotheby's International Re

Overview

This commercial property offers a unique opportunity with two adjoining parcels located in the vibrant Fat Village district of Fort Lauderdale. Positioned between W Sunrise Blvd and W Broward Blvd, the site is within an opportunity zone and just a five-minute walk from Fort Lauderdale’s Brightline Station, providing excellent transit access. The property includes 429 NW 1st Ave and allows development up to 30 stories with no setbacks, making it suitable for mixed-use or multi-family projects. Additional parcels nearby increase potential scale and flexibility. This location benefits from the Live Local Act and HubZone designation, enhancing development incentives.

Property Highlights

Two adjoining parcels in Fat Village; Opportunity zone location; Near Brightline Station; Up to 30-story development allowed; Includes 429 NW 1st Ave; No setbacks; HubZone property; Additional parcels available.

Property Details

City: Fort Lauderdale

State: FL

Zip Code: 33301

Address: 431 NW 1st Avenue, Fort Lauderdale FL 33301

Year Built:

Property Type: Commercial Sale

Property Sub Type: Commercial

Listing Office Name: One Sotheby's International Re

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 372 Days

Original Listing Description

2 ADJOINING PARCELS-DRASTICALLY REDUCED-BRING OFFERS Be part of one of Ft. Lauderdale's hottest movements, Fat Village! Located between W Sunrise Blvd and W Broward Blvd in an opportunity zone and just a 5-minute walk to Fort Lauderdale's Brightline Station. Ideal for mixed or multi-family. SALE ALSO INCLUDES 429 NW 1st AVE Build up to 30 stories per zoning dept. of Ft. Lauderdale. No setbacks. Take advantage of the Live Local Act. **Additional parcels available 114 NW 5th St. .64 acres. Property is in HubZone. Land survey in supplements

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

431 NW 1st Avenue, Fort Lauderdale FL 33301

About This Neighborhood

Fat Village is a rapidly evolving district in Fort Lauderdale known for its creative community and urban renewal. Situated between W Sunrise Blvd and W Broward Blvd, it offers a blend of commercial and residential spaces with a growing number of art galleries, studios, and trendy eateries. The neighborhood benefits from excellent connectivity, including a short walk to the Brightline Station, making it attractive for residents and businesses alike. Fat Village’s vibrant atmosphere and ongoing development projects contribute to its appeal as a destination for innovative commercial ventures.

Walkability & Lifestyle

Fat Village boasts a walkable environment with easy access to dining, shopping, and entertainment options. Residents and visitors can enjoy nearby art galleries, cafes, and boutique stores within a short stroll. The proximity to Fort Lauderdale’s Brightline Station enhances walkability by connecting the neighborhood to regional transit. Additionally, the area’s location between major boulevards offers convenient access to parks, waterfront areas, and other urban amenities, supporting an active and connected lifestyle.

Things To Do Nearby

The Fat Village neighborhood offers a variety of lifestyle activities including art events, dining at trendy restaurants, and exploring local galleries. Its location near Fort Lauderdale’s waterfront provides opportunities for boating, fishing, and outdoor recreation. The nearby Brightline Station makes it easy to access cultural attractions and nightlife in downtown Fort Lauderdale and beyond. Residents and visitors can enjoy a vibrant urban experience with a mix of creative, leisure, and entertainment options close at hand.

Nearby Schools

The Fat Village area provides access to a variety of educational institutions within Fort Lauderdale, making it convenient for families and residents. While this property is commercial, the neighborhood’s proximity to schools supports mixed-use developments that include residential components. Educational facilities in the broader Fort Lauderdale area offer diverse programs and are accessible via local transportation routes, contributing to the neighborhood’s overall livability and appeal for residents of all ages.

Why Buyers Like This Area

Buyers are drawn to this property for its strategic location in Fat Village, a neighborhood known for its artistic vibe and urban renewal. The proximity to Brightline Station and major thoroughfares offers excellent connectivity, while the zoning flexibility allows for diverse development possibilities. The area’s blend of commercial and residential uses, along with ongoing investments in infrastructure and amenities, makes it an attractive choice for developers and businesses looking to establish a presence in Fort Lauderdale’s evolving urban landscape.

Investment Potential

This commercial property in Fat Village offers strong potential due to its prime location within an opportunity zone and proximity to Fort Lauderdale’s Brightline Station. The site’s zoning allows for up to 30 stories, which supports a variety of development options including mixed-use or multi-family projects. The inclusion of additional nearby parcels expands possibilities for larger scale developments. The HubZone designation and Live Local Act incentives may provide further advantages for developers and investors looking to capitalize on this dynamic urban area.

Market Trends

The Fort Lauderdale commercial real estate market, particularly in Fat Village, has shown increased demand driven by urban redevelopment and transit-oriented projects. Properties near major transit hubs like Brightline Station are attracting attention for their accessibility and growth potential. The availability of opportunity zones and supportive local policies encourages development, especially for mixed-use and multi-family properties. While inventory remains competitive, areas like Fat Village continue to draw interest from developers and investors seeking to participate in the city’s expanding urban core.

Rental Income Potential

While this property is currently listed for sale, its location near Brightline Station and within a vibrant neighborhood suggests strong rental appeal for future developments. Mixed-use or multi-family projects in this area typically attract tenants seeking convenient transit options and proximity to amenities. Seasonal demand may also influence rental interest given Fort Lauderdale’s popularity as a destination. Investors considering rental income should evaluate the property’s usability and market conditions, recognizing the benefits of its strategic location and zoning flexibility.