For Sale at Fort Lauderdale - MLS A11949002

US$ 1,300,000

501 NW 7th Ter Fort Lauderdale

FL, 33311 - A11949002

Status:Active


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Martin Lares

Martin Lares

+1 305 915 2882

martinlaresrealtor@gmail.com

Rolar Realty Group

Remarks

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.

Listing information courtesy of Lifestyle International Realty

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