Property Description

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 RMM25, 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.

Features
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33311
Street:
501 Nw 7th Ter, Fort Lauderdale, Florida 33311
Longitude:
W81° 50' 53.9''
Latitude:
N26° 7' 39.8''
MLS Addon
Cumulative DOM:
5
DOM:
5
Directions:
Use GPS
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
LotSize Dimensions:
100x202
Parcel Number:
504203011720
Subdivision Name:
NORTH LAUDERDALE
Tax Annual Amount:
$383
Utilities
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Land For Sale

501 Nw 7th Ter, Fort Lauderdale, Florida 33311, Fort Lauderdale, Florida 33311

20,250 Sqft
$1,250,000
MLS # #A12064988
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$1,250,000
Lot Area :
20,250 Sqft
MLS # :
A12064988
Property Sub Type :
Other
Agent info
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