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
Last Updated: February - 19 - 2026
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