622 NE 1st Ave

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Address: 622 NE 1st Ave., Fort Lauderdale, FL 33304, USA
Florida & Gulf Coast + 2-4 Units
Created date: March 29, 2026
Date last updated: June 9, 2026
Price: $1,215,000Investment Analyzer NEW!
  • Duplex investment with (1) 1BR/1BA and (1) 2BR/1BA units
  • Zoned RAC-UV allowing for higher density and redevelopment potential
  • Strong demand for small-format multifamily in the immediate area
  • Accessible to major corridors including Federal Highway and Broward Blvd

Property Description

Native Realty is pleased to present a multifamily investment opportunity located at 622 NE 1st Avenue in Fort Lauderdale. The property consists of a well-maintained duplex situated on a ~6,750 square foot lot, offering a total of two residential units including one 1-bedroom/1-bathroom unit and one 2-bedroom/1-bathroom unit. The existing structure spans approximately 1,424 square feet and provides immediate in-place income with the potential for rental upside through repositioning or market rent adjustments. The unit mix caters to a broad tenant base, making it attractive for both investors and owner-users seeking supplemental income. Zoned RAC-UV (Regional Activity Center – Urban Village), the property benefits from flexible zoning that allows for a range of residential and mixed-use redevelopment scenarios. This designation supports increased density and long-term appreciation potential as the surrounding area continues to evolve. Strategically located just minutes from Downtown Fort Lauderdale, Flagler Village, and major transportation corridors, the property offers strong accessibility and proximity to employment centers, dining, retail, and ongoing development activity. This offering presents a compelling opportunity to acquire a stabilized asset with future redevelopment potential in one of Fort Lauderdale’s most active growth corridors.
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Native Realty 954-595-2999

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,215,000
No. of Units: 2
Year Built: 1959
Lot Size: 0.15 Acres
Opportunity Zone: No
Price per unit: $607,500
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Address: 622 NE 1st Ave, Fort Lauderdale, FL 33304, USA
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