Search Brokers - Richard Toomey

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Richard Toomey

company

Keller Williams Realty Profess

Keller Williams Agent - License: 0681892

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Land for Sale from Richard Toomey

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Premier Listing

Property from 701 NE 1st Street - KW

price

$1,200,000

acres

0.16 Acres

location

Fort Lauderdale, Florida, 33301

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.