Home in 701 NE 1st Street, Fort Lauderdale, FL 33301 for sale with MLS# F10536598

Prime development opportunity steps from Las Olas, ideally suited for builders & developers seeking a high-performing infill project. This 7,000 SF corner lot (140' x 50') in Victoria Park is zoned RMM-25. The existing wood-frame structure holds no contributory value and is best considered a teardown, offering a clean slate for new construction. Included with the sale is a full set of architectural plans by Tuthill Architecture for 2 approximately 3,500 SF modern city homes, each thoughtfully designed with an ADU on the 1st floor. The parcel offers efficient lot dimensions, flexible zoning, and strong long-term resale potential for investors. Positioned within an established, high-demand market, it enhances project feasibility strategy. A rare opportunity in a premier location!

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Days on the market

701 NE 1st Street, Fort Lauderdale, FL 33301

Price
Price:
$1,200,000.00
Original List Price:
$1,300,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 26, 2026 4:54 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Room Type:
Other
Rooms Total:
1
Master Bedroom Bath:
None, Other
Measures
Lot Area:
6,534 Sqft
Lot Size Dimensions and Info:
140 x 50
Lot Size Acres:
0.15
Property Features
View from the Property:
Garden
Waterfront:
No
Appliances:
Gas Range, Water Heater, Water Purifier, Water Softener, Oven
Exterior:
Other
Property Entrance Faces:
South
Construction
Year Built:
1925
Roof:
Other
Architectural Style:
Other
Levels:
Two
Entry Level (floor):
1
Entry Level Location:
First Floor Entry
Construction Materials:
Other
Flooring:
Other
Structure Type:
House
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,030.00
Tax Year:
2024
Tax Assessed Value:
$801,380.00
Property Tax Details:
Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Driveway
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
Davis Add 3-28 D
Senior Community:
No
Restrictions:
Other Restrictions, No Restrictions
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
DAVIS ADD 3-28 D LOT 7 BLK 3
Real Estate Folio Number (Parcel Number):
504202050260
Zoning:
RMM-25
Public Schools Assigned
Elementary School:
Harbordale
High School:
Fort Lauderdale
Middle Or Junior School:
Sunrise
Listing History
Active on the market since:
November 14, 2025
Listing Agreement executed on:
November 14, 2025
Price change occurred on:
March 26, 2026 4:54 pm
Listing Status Last Changed On:
November 14, 2025 5:06 pm
Photos updated on:
March 27, 2026 5:06 pm
Last Modified:
May 31, 2026 5:04 am
Additional Information
Courtesy of:
Keller Williams Realty Profess
Attribution:
Not provided
Location
Street Name:
1st
Street Number:
701
City:
Fort Lauderdale
State:
Florida
Zip Code:
33301
County:
Broward
Latitude:
N26° 7' 25.3''
Longitude:
W81° 51' 49.9''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $115,421
Median Home Value $751,600
Median Rent $2,341/mo
Median Age 39
Population 17,831

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Association of REALTORS®
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