501 NW 7th Terrace Fort Lauderdale, FL 33311

$1,400,000
0.46
Acres
$1,400,000
Favorite

active
1/11
virtual tour iconVirtual Tour
Street View

Exceptional corner development site located in one of Fort Lauderdale’s fastest-growing corridors. This 20,250square foot parcel, comprised of three assembled lots, sits prominently at NW 7th Terrace and NW 5th Street, juststeps from Sistrunk Marketplace and surrounded by significant new construction and revitalization. Zoned RMM-25, the property offers the potential to develop up to 10 townhomes. The lot previously received City approval fora church, reflecting strong development viability. A current survey is available, and extensive testing has alreadybeen completed, providing added value and reduced upfront work for the next developer. Uses Commonly Built inRMM-25 In practice, this zoning has been used for: • Townhome developments (e.g., mid-rise townhomecomplexes) • Small/medium multifamily buildings (typically up to ~25 units/acre density) ? • Mixed residentialconfigurations with some higher-density units Position yourself ahead of the curve and capitalize on FortLauderdale’s continued growth before pricing accelerates further.

Exceptional corner development site located in one of Fort Lauderdale’s fastest-growing corridors. This 20,250square foot parcel, comprised of three assembled lots, sits prominently at NW 7th Terrace and NW 5th Street, juststeps from Sistrunk Marketplace and surrounded by significant new construction and revitalization. Zoned RMM-25, the property offers the potential to develop up to 10 townhomes. The lot previously received City approval fora church, reflecting strong development viability. A current survey is available, and extensive testing has alreadybeen completed, providing added value and reduced upfront work for the next developer. Uses Commonly Built inRMM-25 In practice, this zoning has been used for: • Townhome developments (e.g., mid-rise townhomecomplexes) • Small/medium multifamily buildings (typically up to ~25 units/acre density) ? • Mixed residentialconfigurations with some higher-density units Position yourself ahead of the curve and capitalize on FortLauderdale’s continued growth before pricing accelerates further.

  • Neighborhood
  • Type
  • County
    Broward County
  • Area
    North Lauderdale
  • Tax Amount
    $383
  • Status
    Active
  • Listing #
    A11949002
  • Lot Size
    0.46
  • Listed on site
    135 days
  • Co-Listing Agent
    3455536
  • Listing Agent Id
    3522722
  • Co Listing Agent Id
    3455536
  • Listing Agent Phone
    754-281-2886

Listed by:
Lifestyle International Realty

Source:
MIAMI MLS

Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
May 29, 20266 days agoPrice decreased100,000 (7%)$1,400,000
May 18, 202618 days agoPrice decreased100,000 (6%)$1,500,000
Jan 20, 20265 mos agoNew on market$1,600,000
Favorite

Tour This Home

Thu
04Jun
Fri
05Jun
Sat
06Jun
Sun
07Jun
Mon
08Jun
Tue
09Jun
Wed
10Jun
Thu
11Jun
Fri
12Jun
Sat
13Jun
Sun
14Jun
Mon
15Jun
Tue
16Jun
Wed
17Jun
in Person
via Video Call