1551 Davie Boulevard, Fort Lauderdale, FL 33312

$3,250,000
Property Type: Land & Docks Lot Size (sq. ft.): 49,530 Status: Active
Current Price: $3,250,000 List Date: 1/06/2026 Last Modified: 2/20/2026

Description

DRC approved 16-townhouse development site ready for immediate submission of building plans to obtain permits from the City of Fort Lauderdale. Prime east of I-95 location along Davie Boulevard, a key east–west corridor connecting Downtown Fort Lauderdale to significant destinations. Minutes to Downtown Fort Lauderdale, Las Olas Boulevard, Port Everglades, Fort Lauderdale–Hollywood International Airport, and a short drive to Fort Lauderdale Beach. Surrounded by new construction and redevelopment in a rapidly evolving area. Excellent infill opportunity in a high-demand urban market. The seller may consider owner financing or a joint venture.

Supplements: Owner has obtained approval for an extension from the DRC for the 16-townhouse project. Next step for the new owner will be to submit the building plans to the City to obtain the necessary building permits. The property’s prime location east of I-95 offers excellent accessibility to downtown Fort Lauderdale, Las Olas Boulevard, Port Everglades, the Fort Lauderdale International Airport. The surrounding area is undergoing rapid transformation, with several notable developments contributing to the neighborhood's evolution. We are currently working on updating the existing plans to ensure full compliance with the City’s latest building codes. Project General Information: Land Use Designation: RM-15 l Zoning Designation: TOWNHOUSES l Site Area: 49,530 SQUARE FEET l Water/Wastewater: CITY OF FORT LAUDERDALE l Residential Development: 16 TOWNHOME l Unit Details (Per Unit): Footprint: UNIT TYPE #1A & #1C - 1,432 SQUARE FEET (1ST FLR: 198 SF, 2ND FLR: 617 SF, 3RD FLR: 617 SF) Garage: 444 SQUARE FEET PER UNIT (16 UNITS). Front Entry/Garage Entry: 32 SQUARE FEET PER UNIT. Balconies: 145 SQUARE FEET EACH UNIT. Site Information: Site Density Net: 17 MAX, 16 PROVIDED l Parking: PARKING REQUIRED - TWO FAMILY RESIDENCE PARKING PROVIDED - (16) 2-CAR GARAGE + 4 OFF-STREET VISITOR PARKING SPACES l Building Footprint Area: 11,520 S.F. TOTAL FOR ALL 16 UNITS (INCLUDES GARAGES) l Building Height: 32' 8'' l FAR (ULDR 47-5-31): TOTAL BUILDING AREA 11,520 SQ. FT. | GROSS LOT AREA 49,530 SQ. FT. = 0.233 FAR l Construction Type: TYPE III A l Required Setbacks: Front 25', Side yard 5', Rear 20', Corner 25% of lot width or 20'-0'' Additional Details: FEMA Elevation: 7.1 Feet = Grade (ULDR SEC. 47-2.2.G.2.) l FEMA Flood Zone: 0.2 PCT FLOOD

More Information MLS# F10543779

Contract Information

Comp Sale YN: No LP/Acre: 2954545.45 Listing Contract Date: 2026-01-06 Status: Active Original List Price: 3250000 List Price: $3,250,000 Current Price: $3,250,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Postal Zip: 33312 Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590) Subdivision Number: 4 Country: United States Street Number: 1551 Street Name: Davie Street Suffix: Boulevard State Or Province: FL Postal Code: 33312 Postal Code +4: 3247 Subdivision Name: RIVERSIDE NO 3 Area: 3570 Parcel Number: 504209040140 Zoning: RM15

General Property Information

Number Of Lots: 1 Lot Size Dimensions: 47261 LP/SqFt: 65.62 Property Sub Type: Unimproved Land Lot Size Acres: 1.1 Lot Size Square Feet: 49530 Direction Faces: South

Office/Member Information

DXORIGMLSID: FLL

Auction Terms

Auction Contact Name: Vacant

Short Sale Details

Short Sale Addendum: No

Documents Available

Engineering Study: 1 Other Available Information: 1

Current Use

Residential: 1 Single Family: 1 Other: 1

Deed Restrictions

None: 1

Development Status

Other: 1

Location of Property

City Location: 1 Near Seaport: 1

Other Structures

None: 1

Possession

Negotiable: 1

Possible Use

Single Family: 1

Trees

None: 1

Utilities

Electricity Available: 1 Sewer Available: 1 Water Available: 1 None: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 Owner Will Carry: 1

Lot Features

Cleared: 1

Road Responsibility

Public Maintained Road: 1

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1

Financial Information

Tax Year: 2020 Tax Annual Amount: 3231 Tax Legal Description: RIVERSIDE NO 3 7-17 B LOT 24,25,26 LESS RD R/W TO FDOT LOT 27 N 30.28 TOG W/E1/2 OF PT OF VAC SW 15 TER ABUT LOT 28 & N 30 OF LOT 27 BLK 1,L

Status Change Information

Major Change Timestamp: 2026-01-06T15:53:05Z Major Change Type: New Listing Status Change Date: 2026-01-06

Originating Details

Originating System Key: 608371621 Originating System ID: M00000170

Property Features

Current Use: Residential; Single Family; Other Deed Restrictions: None Development Status: Other Documents Available: Engineering Study; Other Available Information Location of Property: City Location; Near Seaport Other Structures: None Possession: Negotiable Possible Use: Single Family Trees: None Utilities: Electricity Available; Sewer Available; Water Available; None Listing Terms: 1031 Exchange; Cash; Conventional; Owner Will Carry Lot Features: Cleared Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent
Listing Office: Compass Florida, LLC
IDX
Last Updated: February - 20 - 2026
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