701 NE 1st Street, Fort Lauderdale, FL 33301

$1,300,000
Property Type: Land & Docks Lot Size (sq. ft.): 6,750 Status: Active
Current Price: $1,300,000 List Date: 11/14/2025 Last Modified: 2/19/2026

Description

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.

More Information MLS# F10536951

Contract Information

Comp Sale YN: No LP/Acre: 8125000 Listing Contract Date: 2025-11-14 Status: Active Original List Price: 1300000 List Price: $1,300,000 Current Price: $1,300,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Postal Zip: 33301 Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700) Country: United States Street Number: 701 Street Direction Prefix: NE Street Name: 1st Street Suffix: Street State Or Province: FL Postal Code: 33301 Postal Code +4: 1609 Subdivision Name: Davis Add 3-28 D Area: 3270 Parcel Number: 504202050260 Zoning: RMM-25 Directions: One block EAST of Federal Hwy, one block NORTH of Broward Blvd.

General Property Information

Number Of Lots: 1 Lot Size Dimensions: 140 x 50 LP/Assessed Value: 1.62 LP/SqFt: 192.59 Property Sub Type: Unimproved Land Lot Size Acres: 0.16 Lot Size Square Feet: 6750 Direction Faces: South

Financial Information

Tax Assessed/SOH Value: 801380 Assessor Market Value: 801380 Tax Year: 2024 Tax Annual Amount: 6030 Tax Legal Description: DAVIS ADD 3-28 D LOT 7 BLK 3

Office/Member Information

DXORIGMLSID: FLL

Current Use

Residential: 1 Unimproved: 1 Other: 1

Development Status

Other: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Possible Use

Single Family: 1

Sewer

Public Sewer: 1

Trees

Other: 1

Listing Terms

Cash: 1

Lot Features

Other: 1

Water Source

Public: 1

Showing Requirements

Showing Service: 1 See Remarks: 1

Section Details

Parcel Number MLX: 0260

Acreage Description

Less Than 1/4 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2025-11-14T21:40:46Z Major Change Type: New Listing Status Change Date: 2025-11-14

Originating Details

Originating System Key: 606605347 Originating System ID: M00000170

Property Features

Current Use: Residential; Unimproved; Other Development Status: Other Possession: Close Of Escrow; Negotiable Possible Use: Single Family Sewer: Public Sewer Trees: Other Listing Terms: Cash Lot Features: Other Water Source: Public Showing Requirements: Showing Service; See Remarks Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Keller Williams Realty Profess
IDX
Last Updated: February - 19 - 2026
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