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701 NE 1st St - 701 NE 1st Street 0.15 Acres of Residential Land Offered at $1,300,000 in Fort Lauderdale, FL 33301
INVESTMENT HIGHLIGHTS
- 7,000 SQFT corner lot (140' x 50')
- Ideal site for builders aiming to maximize yield, design flexibility, and ROI on a rare redevelopment opportunity
- High proven demand area
EXECUTIVE SUMMARY
Prime opportunity for developers and builders seeking a strong infill project in Las Olas. High proven 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 FACTS
| Price | $1,300,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Zoning | RMM - 25 - Zoned RMM-25 | ||
| Price | $1,300,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.15 AC |
| Zoning | RMM - 25 - Zoned RMM-25 |
1 LOT AVAILABLE
Lot
| Price | $1,300,000 | Lot Size | 0.15 AC |
| Price Per AC | $8,389,315.88 |
| Price | $1,300,000 |
| Price Per AC | $8,389,315.88 |
| Lot Size | 0.15 AC |
High proven demand area! This 7,000 SQ FT corner lot (140' x 50') in Victoria Park is zoned RMM-25, allowing a single-family residence, two single-family homes, or up to 3 townhouses
Walk Score®
Walker's Paradise (97)
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701 NE 1st St - 701 NE 1st Street
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