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$1,300,000
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Property 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.
Full Property Details
Full Property Details for 701 NE 1st St
General
- Price: $1,300,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Ft_Lauderdale
- MLS ID: F10536598
- Updated: 12/10/2025
- Added to Site: 65 day(s) ago
Interior
- Rooms/Areas: Other
- Interior Features: First Floor Entry
- Appliances: No Equipment
- Flooring: Other Floors
Rooms
Bedrooms
- Bedroom Features: None, Other
Exterior
- Exterior Features: Other
Parking
- Parking: Driveway
Location
- Area: 3270
- County: Broward County
- Subdivision: Davis Add 3-28 D
- Driving Directions: One block EAST of Federal Hwy, one block NORTH of Broward Blvd.
- Direction Faces: South
School Information
- Elementary School: Harbordale
- Middle School: Sunrise
- High School: Fort Lauderdale
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: No Heat
Utilities
- Sewer: Municipal Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: No Pool/No Water
- Construction: Other Construction
- Roof: Other Roof
- Year Built: 1925
Lot Features
- Property View: Garden View
- Lot Size (Sq. Ft.): 6,750
- Lot Size: 140 x 50
- Zoning: RMM-25
- Lot Description: Less Than 1/4 Acre Lot
Financial Considerations
- Tax Year: 2024
- Terms: Cash Only
Disclosures and Reports
- Legal Description: DAVIS ADD 3-28 D LOT 7 BLK 3
- Restrictions: No Restrictions
- Property ID: 504202050260
Listed by Keller Williams Realty Profess
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Schools
Schools serving 701 NE 1st St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Harbordale Elementary School 900 Southeast 15th Street, Fort Lauderdale, FL 33316 | K-5 | 1.5 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1.6 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 NE 1st St
Date
Details
Price
Change
Source
11/14/2025
Listed
$1,300,000
766.67%
MLS
11/26/1997
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 701 NE 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,030
—
$304,430
3%
2024
$6,030
3%
$295,860
3%
2023
$5,874
9%
$287,250
6%
2021
$5,395
-3%
$270,770
-3%
2022
$5,552
3%
$278,890
1%
2021
$5,395
15%
$276,520
8%
2019
$4,694
9%
$255,280
4%
2018
$4,323
3%
$244,980
-3%
2017
$4,203
1%
$251,630
4%
2016
$4,152
1%
$242,880
11%
2015
$4,116
3%
$219,360
3%
2014
$4,012
4%
$213,280
3%
2013
$3,865
—
$206,510
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 701 NE 1st St
701 NE 1st St, Fort Lauderdale, FL 33301 (MLS# F10536598) is a Single Family property with 0 bedrooms and 0 full bathrooms. 701 NE 1st St is currently listed for $1,300,000 and was received on November 14, 2025. Want to learn more about 701 NE 1st St? Do you have questions about finding other Single Family real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

