701 NE 1st Street, Fort Lauderdale, FL 33301
$1,200,000
Property Type:
Residential
Status:
Active
Current Price:
$1,200,000
List Date:
11/14/2025
Last Modified:
3/26/2026
Overview
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.
Listing Details MLS# F10536598
General Property Information
- Property Sub Type
- Single Family Residence
- Year Built
- 1925
- Gated Community YN
- No
- Lot Size Area
- 6750
- Lot Size Dimensions
- 140 x 50
- Senior Community YN
- No
- Guest House YN
- No
- Direction Faces
- South
- Pool Private YN
- No
- LP/Assessed Value
- 1.5
- Living Area Main
- 0
Property Features
Exterior Features:
Other
Flooring:
Other
Parking Features:
Driveway
Property Condition:
Resale
Appliances:
Gas Range; Oven; Water Heater; Water Purifier; Water Softener
Architectural Style:
Other
Construction Materials:
Other
Cooling:
None
Heating:
None
Listing Terms:
Cash
Other Equipment:
None
Possession:
Close Of Escrow; Negotiable
Restrictions:
No Restrictions; Other Restrictions
Roof:
Other
Sewer:
Public Sewer
Special Information:
Sold As-Is
Tax Information:
Homestead Exemption
View:
Garden
Water Source:
Public
Showing Requirements:
Showing Service; See Remarks
Outdoor Living Spaces:
Balcony; Porch
Room Types:
Other
Acreage Description:
Less Than 1/4 Acre Lot
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2025-11-14
- Original List Price
- 1300000
Location and Legal
- Country
- United States
- County Or Parish
- Broward
- County Parish Name
- Broward
- Street Number
- 701
- Street Direction Prefix
- NE
- Street Name
- 1st
- Street Suffix
- Street
- City Name
- Fort Lauderdale
- State Or Province
- FL
- Postal Code
- 33301
- Postal Code +4
- 1609
- Postal Zip
- 33301
- Subdivision Name
- Davis Add 3-28 D
- Area
- 3270
- Geographic Area
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
- Elementary School
- Harbordale
- Middle Or Junior School
- Sunrise
- High School
- Fort Lauderdale
- Parcel Number
- 504202050260
- Zoning
- RMM-25
- Directions
- One block EAST of Federal Hwy, one block NORTH of Broward Blvd.
Financial Information
- Membership Fee Required YN
- No
- Tax Annual Amount
- 6030
- Tax Year
- 2024
- Tax Assessed/SOH Value
- 801380
- Tax Legal Description
- DAVIS ADD 3-28 D LOT 7 BLK 3
- Assessor Market Value
- 801380
Status Change Information
- Major Change Timestamp
- 2026-03-26T16:54:31Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-03-26T16:54:31Z
- Status Change Date
- 2025-11-14
More Information
Entry Information
- Entry Level
- Yes
- Entry Location
- First Floor Entry
Co-Ownership
- Property Management YN
- No
Section Details
- Parcel Number MLX
- 0260
Originating Details
- Originating System Key
- 606515035
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- FLL
Amenities
- Other
- Yes
Exterior Features
- Other
- Yes
Flooring
- Other
- Yes
Parking Features
- Driveway
- Yes
Property Condition
- Resale
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Sewer
- Public Sewer
- Yes
Special Information
- Sold As-Is
- Yes
View
- Garden
- Yes
Heating
- None
- Yes
Appliances
- Gas Range
- Yes
- Oven
- Yes
- Water Heater
- Yes
- Water Purifier
- Yes
- Water Softener
- Yes
Construction Materials
- Other
- Yes
Listing Terms
- Cash
- Yes
Other Equipment
- None
- Yes
Roof
- Other
- Yes
Water Source
- Public
- Yes
Architectural Style
- Other
- Yes
Cooling
- None
- Yes
Showing Requirements
- Showing Service
- Yes
- See Remarks
- Yes
Master Bedroom/Bath
- None
- Yes
- Other
- Yes
Restrictions
- No Restrictions
- Yes
- Other Restrictions
- Yes
Tax Information
- Homestead Exemption
- Yes
Outdoor Living Spaces
- Balcony
- Yes
- Porch
- Yes
Room Types
- Other
- Yes
Acreage Description
- Less Than 1/4 Acre Lot
- Yes
Room Information
Other
Documents
Listing Office:
Keller Williams Realty Profess
Last Updated: March - 26 - 2026
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