701 NE 1st Street, Fort Lauderdale, FL 33301
Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
Listed by: richard j toomey
Office: keller williams realty profess
MLS#:F10536598
Source:RMLS
Price summary
- Price:$1,300,000
About this home
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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Home facts
- Year built:1925
- Listing ID #:F10536598
- Added:55 day(s) ago
- Updated:January 08, 2026 at 10:07 PM
Structure and exterior
- Roof:Other
- Year built:1925
- Lot area:0.15 Acres
Schools
- High school:Fort Lauderdale
- Middle school:Sunrise
- Elementary school:Harbordale
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,300,000
- Tax amount:$6,030 (2024)
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