$1,200,000
Fort Lauderdale, FL 33311
MLS# A12064988
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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.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 2580645.16
LP/Frontage: 12000
Listing Date: 2026-08-04
Status: Active
Original List Price: 1250000
List Price: $1,200,000
Current Price: $1,200,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33311
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Subdivision Number: 1
Flood Zone: AE
Country: United States
Street Number: 501
Street Direction Prefix: NW
Street Name: 7th
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33311
Subdivision Name: NORTH LAUDERDALE
Area: 3423
Elementary School: Sanders Park
Middle Or Junior School: Pompano Beach
High School: Blanche Ely
Parcel Number: 504203011720
Zoning: RMM-25
Directions: Use GPS
General Property Information
Number Of Lots: 2
Lot Size Dimensions: 20250
Lot Depth: 202
Lot Frontage: 100
LP/SqFt: 59.26
Property Sub Type: Unimproved Land
Lot Size Acres: 0.47
Lot Size Square Feet: 20250
Additional Parcels YN: 1
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2025
Tax Annual Amount: 383
Tax Legal Description: NORTH LAUDERDALE 1-48 D LOTS 21-26 TOG WITH E 1/2 OF PT VAC'D ALLEY LYING W OF ADJ TO SAID LOTS AS PER OF 15316/195 BLK 15
Office/Member Information
DXORIGMLSID: SEF
Comprehensive Plan Use
Intensive Development: 1
Open Land: 1
Other: 1
Current Use
Unimproved: 1
Environmental Audit
None: 1
Location of Property
City Location: 1
Corner Unit: 1
Possession
Negotiable: 1
Possible Use
Commercial: 1
Special Information
City Jurisdiction: 1
Trees
Partial Tree Coverage: 1
Utilities
Sewer Not Available: 1
None: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
Public Road: 1
Road Responsibility
Public Maintained Road: 1
Water Source
Other: 1
Income and Expenses
Inc/Exp Statement Period: 0
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Price Calculations
Current Price To SqFt: 59.24
Section Details
Parcel Number MLX: 1720
Status Change Information
Major Change Timestamp: 2026-10-22T08:29:36Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-22T08:29:36Z
Status Change Date: 2026-10-22
Originating Details
Originating System Key: 540563907
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Intensive Development; Open Land; Other
Current Use: Unimproved
Environmental Audit: None
Location of Property: City Location; Corner Unit
Possession: Negotiable
Possible Use: Commercial
Special Information: City Jurisdiction
Trees: Partial Tree Coverage
Utilities: Sewer Not Available; None
Listing Terms: Cash; Conventional
Road Frontage Type: Public Road
Road Responsibility: Public Maintained Road
Water Source: Other
Showing Requirements: Call Listing Agent; Showing Service
Listing Office: Lifestyle International Realty
Last Updated: October - 22 - 2026
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