501 NW 7th Terrace, Fort Lauderdale, FL 33311
Listing Snapshot
| List Price | $1,250,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.47 acres |
| Property Tax | $383/yr |
| MLS # | 1179354816 |
| Status | Active |
| Days on Market | 5 |
About This Home
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.
General Features
- Property Type
- Land
- Sub-type
- UnimprovedLand
- Zoning
- RMM-25
- Utilities
- None,SewerNotAvailable
- Subdivision
- NORTH LAUDERDALE
Interior Features
Exterior Features
- Lot Features
- CornerLot,CityLot
- Waterfront
- No
Community Features
- MLS Area
- 3423
Schools
Map
Virtual Tour
View Virtual TourMLS# 1179354816 · BEACH
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Estimate Your Payment
20% down · Loan: $1,000,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.