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About This Home
This land at 701 NE 1st Street in Fort Lauderdale, FL is listed for $1,200,000 (0.16 acres).
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.
Key Features
- 0.16 acre lot
Location
701 NE 1st Street
Fort Lauderdale, FL 33301
Davis Add 3-28 D
Questions & Answers
This 0-bedroom, 0-bathroom land 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: 0.16 acre lot.
This property is listed by Richard J Toomey and can be reached at 9547010005 or chris@ChrisToomey.com.
