PRICED AT ONLY: $1,200,000
Address: 701 1st Street, Fort Lauderdale, FL 33301
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.
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- MLS#: F10536598 ( Residential )
- Street Address: 701 1st Street
- Viewed: 25
- Price: $1,200,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1925
- Bldg sqft: 0
- Days On Market: 136
- Additional Information
- Geolocation: 26 / -80
- County: Broward
- City: Fort Lauderdale
- Zipcode: 33301
- Subdivision: Davis Add 3 28 D
- Elementary School: Harbordale
- Middle School: Sunrise
- High School: Fort Lauderdale
- Provided by: Keller Williams Realty Profess
- DMCA Notice
Features
Building and Construction
- Exterior Features: Balcony, Other
- Flooring: Other
- Roof: Other
School Information
- High School: Fort Lauderdale
- Middle School: Sunrise
- School Elementary: Harbordale
Garage and Parking
- Parking Features: Driveway
Eco-Communities
- Water Source: Public
Utilities
- Cooling: None
- Heating: None
- Sewer: Public Sewer
Amenities
- Association Amenities: Other
Finance and Tax Information
- Tax Year: 2024
Other Features
- Appliances: Gas Range, Oven, Water Heater, Water Purifier, Water Softener
- Legal Description: DAVIS ADD 3-28 D LOT 7 BLK 3
- Parcel Number: 504202050260
- Style: Other
- Views: 25
- Zoning Code: RMM-25
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
