11
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$1,250,000
Est. payment /mo
0.47 Acres Lot
New
501 NW 7th TER Fort Lauderdale, FL 33311
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision North Lauderdale
MLS Listing ID A12064988
HOA Y/N No
Annual Tax Amount $383
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Unimproved Land
Property Description
Exceptional corner development site located in one of Fort Lauderdale's fastest-growing corridors. This 20,250square 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.
Location
State FL
County Broward
Area 3423
Zoning RMM-25
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available None, Sewer Not Available
Water Access Desc Other
Present Use Unimproved
Road Frontage Public Road
Building
Lot Description Corner Lot, City Lot
Water Other
Schools
Elementary Schools Sanders Park
Middle Schools Pompano Beach
High Schools Blanche Ely
Others
Restrictions City Restrictions
Tax ID 504203011720
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Herby Honore Lifestyle International Realty
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