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701 1st Street
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PRICED AT ONLY: $1,300,000

Address: 701 1st Street, Fort Lauderdale, FL 33301

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.

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  • MLS#: F10536598 ( Residential )
  • Street Address: 701 1st Street
  • Viewed: 33
  • Price: $1,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 81

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.
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Features
Building and Construction
  • Exterior Features: Balcony, Other
  • Flooring: Other
  • Roof: Other
School Information
  • High School: Fort Lauderdale
  • Middle School: Sunrise
  • School Elementary: Harbordale
Garage and Parking
  • Parking Features: Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
Amenities
  • Association Amenities: Other
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Appliances: Gas Range, Oven, Water Heater, Water Purifier, Water Softener
  • Legal Description: DAVIS ADD 3-28 D LOT 7 BLK 3
  • Parcel Number: 504202050260
  • Style: Other
  • Views: 33
  • Zoning Code: RMM-25
Nearby Subdivisions
Aspetuck Point   Barcelona Isle   Barcelona Isle 27-10 B   Blux At Victoria Park   Colee Hammock   Colee Hammock 1-17 B   Coral Isles   Coral Isles 15-47 B   Coral Isles 15-60 B   Coral Isles 15-68 B   Davis Add 3-28 D   Garvins Sub 69-6 B   Gordons Add 1-40 D   Gould Island   Gould Island 15-62 B   Halls Add 1-134 D   Holmberg & Mc Kees Sub 1-   Holmberg And Mckees Sub   Idlewyld   Idlewyld 1-19 B   Las Olas   Las Olas Isles   Las Olas Park Corr 6-12 B   Las Olas Park Corr Plat   Las Olas Seven Isles   Lauderdale Isles   Lauderdale Shores Corr   Lauderdale Shores Reamen   Merritt Isle 45-38 B   Middle River Park 5-28 B   North Lauderdale Amd 1-18   Nurmi Isles   Nurmi Isles Island 1   Nurmi Isles Island 2   Nurmi Isles Island 3   Nurmi Isles Island 4 24-4   Nurmi Isles Island No 1   Nurmi Isles Island No 3   Pelican Isle   Pelican Isle 21-19 B   Rio Vista   Rio Vista C J Hectors Res   Rio Vista Isles   Riviera 6-17 B   Riviera Isles   Sea Island   Seven Isles   Stilwell Isles 15-26 B   Stranahans Sub 3-115 D 2-   The Forge Lofts Condo   Venice   Venice 6-4 B   Venice 8-12 B   Venice Resub In Blks 3&4   Venice Resub Of Blks 5 &   Venice Resub Of Blks 5 & 6   Venice Resub Of Blks 5&6   Victoria Isles 15-67 B   Victoria Park   Victoria Park Corr Amd   Victoria Park Corr Amen P  
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