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About This Home

This 0-bedroom, 0-bathroom single family at 701 NE 1st Street in Fort Lauderdale, FL is listed for $1,200,000. Built in 1925, on a 0.15 acres lot.

Agent Description

Prime development opportunity steps from Las Olas, ideally suited for builders & developers seeking a high-performing infill project. This 7,000 SF corner lot (140' x 50') in Victoria Park is zoned RMM-25. The existing wood-frame structure holds no contributory value and is best considered a teardown, offering a clean slate for new construction.

Included with the sale is a full set of architectural plans by Tuthill Architecture for 2 approximately 3,500 SF modern city homes, each thoughtfully designed with an ADU on the 1st floor. The parcel offers efficient lot dimensions, flexible zoning, and strong long-term resale potential for investors. Positioned within an established, high-demand market, it enhances project feasibility strategy. A rare opportunity in a premier location!

Key Features

  • Built in 1925
  • 0.15 acre lot

Property Details

1925

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

701 NE 1st Street

Fort Lauderdale, FL 33301

Davis Add 3-28 D

Property Details

Parking

Driveway

Appliances

Gas RangeOvenWater HeaterWater PurifierWater Softener

Questions & Answers

This 0-bedroom, 0-bathroom single family at 701 NE 1st Street is listed at $1,200,000. The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 0.15 acre lot.

This property is listed by Richard J Toomey and can be reached at 9547010005 or chris@ChrisToomey.com.

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Richard J Toomey

Agent at Keller Williams Realty Profess

(954) 701-0005

Listed by Keller Williams Realty Profess

MLS# F10536598· Source: listhub· Updated 147 days ago

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701 NE 1st Street, Fort Lauderdale, FL 33301

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