1201 1st Ave, Fort Lauderdale, FL 33304

For Sale $539,000
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Description

MOTIVATED SELLERS! Big price drop!! PRIME DEVELOPMENT OPPORTUNITY MINUTES FROM DOWNTOWN, PROGRESSO VILLAGE AND THE BEACH! This 10,142 sq ft lot, is a rare find in one of the most dynamic and rapidly transforming areas in the city. While the property includes an original 1946 bungalow, the true value lies in the land—ideal for a DEVELOPER or INVESTOR. The generous lot size ALLOWS FOR THE CONSTRUCTION OF UP TO 3 TOWNHOMES (cluster), making this a high-potential project. Exciting new developments nearby, including the huge development around the old Sears Town, signal major growth and increased value in the neighborhood. A survey is attached, and there is potential to add a portion of NE 12th Street to the property, increasing its appeal and usability.

1201 1St Ave, Fort Lauderdale, Fl 33304 | Floor Plans

  • Days On Market:
    14
    Listed:
    May 14, 2025
  • Size:
    728 ft2 (68m2)
    Rooms:
    2
  • Bathrooms:
    1
    Baths Half:
    0
  • Terms:
    Cash
    Property Facing:
    East
  • Last Modification:
    2 weeks ago
    Price Change:
    -9.41%

Property Taxes and Assessment

  • Annual Tax
    $1,689
  • Tax Year
    2024
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    Cash

Property Features

Facts and features
Views
  • Garden
    • Exterior Features
  • Fruit Trees
    Room For Pool
    • Appliances
  • Other Equipment/Appliances
    • Other Facts
    Flooring
  • Wood
    • Water Source
  • Municipal Water
    • Sewer
  • Public Sewer
    • Amenities
    Community Features
  • None
    • Architectural Style
  • Detached
    One Story
    • Construction Materials
  • Frame
    • Structure Type
  • R30-No Pool/No Water
    House

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    Courtesy Of:Coldwell Banker Realty