0.16 Acres of Land for Sale in Fort Lauderdale, Florida
$1,200,000|Last Updated: Jun 19, 2026
MLS#999266860
701 NE 1st Street, Fort Lauderdale, Broward County, Florida
Status:Active
Property Type
Acreage
0.16 acres
County
Broward
Format
Sale
Listing Courtesy of: Richard Toomey, Keller Williams Realty Profess
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.