701 NE 1st Street, Fort Lauderdale, FL 33301For Sale
$1,200,000

701 NE 1st Street, Fort Lauderdale, FL 33301

MLS#: F10536598
Single Family Residence
Built in 1925
-- sqft lot
-- $/sqft
132 days on market
$6,030/yr tax

What's special

CORNER LOT

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.

132 days on Horizon Palm

Listing office: Keller Williams Realty Profess · MLS#: F10536598

Map

701 NE 1st Street, Fort Lauderdale, FL 33301

Facts & features

Bedrooms & bathrooms

Heating

•Heating: None

Cooling

•Cooling: None

Appliances

•Appliances: Gas Range, Oven, Water Softener, Water Heater, Water Purifier

Features

•Interior features: None, Other
•Flooring: Other

Room dimensions

•Other

Parking

•Parking features: Driveway

Features

•View: Garden
•Exterior features: Balcony, Other
•Patio & porch: Porch, Balcony

Lot

•Lot features: Less Than Quarter Acre

Details

•Parcel number: 504202050260
•Zoning: RMM-25

Type & style

•Home type: Single Family Residence

Materials

•Construction materials: Other
•Roof: Other

Condition

•Year built: 1925

Community

•Subdivision: Davis Add 3-28 D
•Association amenities: Other

Utilities

•Sewer: Public Sewer

Details

•Annual taxes: $6, 030 (2024)
•Date on market: 11/14/2025
•Days on market: 132
•Listing terms: Cash
•Listing agent: Richard J Toomey
•Listing office: Keller Williams Realty Profess
•MLS ID: F10536598

Price history

↓Price Reduced $100,000Originally $1,300,000
$

Originally Listed

First listed price

$1,300,000

For Sale

2026-03-26 · Keller Williams Realty Profess

$1,200,000

↓$100,000

Payment calculator

$653/mo
Principal & interest
$0
Property taxes
$503
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.

Fort Lauderdale

Fort Lauderdale, FLBroward County33301
See more homes in Fort Lauderdale →

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