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501 NW 7th Ter, Fort Lauderdale FL 33311

Commercial For Sale
$1,600,000

BTC: 17.58241758

ETH: 800.00000000

New
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Exceptional corner development site located in one of Fort Lauderdale’s fastest-growing corridors. This 20,250 square foot parcel, comprised of three assembled lots, sits prominently at NW 7th Terrace and NW 5th Street, just steps 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 for a church, reflecting strong development viability. A current survey is available, and extensive testing has already been completed, providing added value and reduced upfront work for the next developer. Uses Commonly Built in RMM-25 In practice, this zoning has been used for: • Townhome developments (e.g., mid-rise townhome complexes) • Small/medium multifamily buildings (typically up to ~25 units/acre density) ? • Mixed residential configurations with some higher-density units Position yourself ahead of the curve and capitalize on Fort Lauderdale’s continued growth before pricing accelerates further.

Location

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.47 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 0.47 Acres

    Other Property Information

    • Parcel Number: 504203011720

    • Zoning: RMM-25

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • No Utilities

    • None

  • Other financial information

    • Annual tax amount: $383

  • Source details

    • MLS ID: A11928787

    Other facts

    • Lot Features: Central Business District / City Location / Corner Location / Corner Lot / Less Than 1 Acre

    • Water Source: Other

    • Lot Size Dimensions: 0x0

    • Subdivision Name: NORTH LAUDERDALE

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