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$ 1,300,000
Est. payment /mo
Active
701 NE 1st St Fort Lauderdale, FL 33301
6,750 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Davis Add 3-28 D
MLS Listing ID F10536951
Annual Tax Amount $6,030
Tax Year 2024
Lot Size 6,750 Sqft
Property Sub-Type Residential
Property Description
Prime opportunity for developers and builders seeking a strong infill project in Las Olas. Proven high-demand area! This 7,000 SQFT corner lot (140' x 50') in Victoria Park is zoned RMM-25, allowing a single-family residence, two single-family homes, or up to four three-story townhomes. The existing wood-frame structure has no contributory value and is best viewed as a teardown, giving a clean slate for new construction. This parcel offers flexible zoning, efficient lot dimensions, and strong long-term resale potential for both end-users and investors. Its position within an established, high-performing market enhances project feasibility and exit strategies. Ideal site for builders aiming to maximize yield, design flexibility, and ROI on a rare redevelopment opportunity.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RMM-25
Building
Lot Description Less Than 1/4 Acre Lot
Sewer Municipal Sewer
Water Municipal Water
Others
Acceptable Financing Cash Only
Listing Terms Cash Only
Virtual Tour https://www.propertypanorama.com/701-NE-1st-St-Fort-Lauderdale-FL-33301--F10536951/unbranded
Listed by Keller Williams Realty Profess
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