701 NE 1st StreetFort Lauderdale, FL 33301




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$5,475Prime 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.
| 3 weeks ago | Price changed to $1,200,000 | |
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 5 months ago | Listing first seen on site |
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Last checked: 2026-04-14 10:02 AM UTC