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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

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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 Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Hold For Development Single Family Development
Sale Conditions	Build to Suit Redevelopment Project	Total Lot Size	0.16 AC
No. Lots	1	Year Built	1925
Property Type	Land
Zoning	RMM - 25 - Zoned RMM-25

Price	$1,300,000
Sale Type	Investment or Owner User
Sale Conditions	Build to Suit Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Hold For Development Single Family Development
Total Lot Size	0.16 AC
Year Built	1925
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

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