701 NE 1st St Fort Lauderdale, FL 33301
$1,300,000
0 Beds
Baths
0 sqft
MLS#
F10536598
Status
Active Listing
Square Footage
6,750
Year Built
1925
Tax Amount
$6,030
Property Description
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.
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