701 NE 1st Street, Fort Lauderdale FL 33301

$1,200,000

$100,000
Price Decreased

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Overview

0.16 acres
Property Type

Agriculture

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.

Property Details

MLS#

F10536951

Building

Davis Add 3-28 D

Address

701 1st NE

City

Fort Lauderdale

State/county

FL

Zip/Postal Code

33301

Area

Davis Add 3-28 D

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,030

Maint Fee

$--

Tax Year

2024

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Boris Gelfand