622 NE 1st Ave 2 Unit Apartment Building Offered at $1,215,000 Fort Lauderdale, FL 33304

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.