Unimproved Land in 701 NE 1st Street, Fort Lauderdale, FL 33301 for sale with MLS# F10536951

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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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
List Price per Sq Ft (Calculated, Approx.):
$177.78
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 26, 2026 4:54 pm
Measures
Lot Area:
6,750 Sqft
Lot Size Dimensions and Info:
140 x 50
Lot Size Unit:
Acres
Lot Size Acres:
0.16
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Other, Unimproved, Residential
Vegetation and Trees:
Other
Property Entrance Faces:
South
Construction
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$6,030.00
Tax Year:
2024
Tax Assessed Value:
$801,380.00
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
Davis Add 3-28 D
Senior Community:
No
Development Status:
Other
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
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 9:40 pm
Photos updated on:
March 27, 2026 5:06 pm
Last Modified:
April 2, 2026 5:41 pm
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

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 49 Good
☀️ O3 49 Good
🫁 PM2.5 36 Good
💨 PM10 16 Good

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Association of REALTORS®
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