1201 NE 1st Ave, Fort Lauderdale, FL 33304 (MLS # A11802955)

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PRICE $539,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 728 sqft
LOT SIZE 10,142.00 ac

MOTIVATED SELLERS! Big price drop!! PRIME DEVELOPMENT OPPORTUNITY MINUTES FROM DOWNTOWN, PROGRESSO VILLAGE AND THE BEACH! This 10,142 sq ft lot, is a rare find in one of the most dynamic and rapidly transforming areas in the city. While the property includes an original 1946 bungalow, the true value lies in the land"”ideal for a DEVELOPER or INVESTOR. The generous lot size ALLOWS FOR THE CONSTRUCTION OF UP TO 3 TOWNHOMES (cluster), making this a high-potential project. Exciting new developments nearby, including the huge development around the old Sears Town, signal major growth and increased value in the neighborhood. A survey is attached, and there is potential to add a portion of NE 12th Street to the property, increasing its appeal and usability.

DAYS ON MARKET 16 LAST UPDATED 5/28/2025
TRACT PROGRESSO YEAR BUILT 1946
COMMUNITY 3460 COUNTY Broward
STATUS Active PROPERTY TYPE(S) Single Family

PRICE HISTORY
Prior to May 28, '25 $595,000
May 28, '25 - Today $539,000


ADDITIONAL DETAILS
AIR Other
AIR CONDITIONING Yes
APPLIANCES Other
AREA 3460
CONSTRUCTION Frame
HEAT Other
LOT 10142 acre(s)
PARKING Other
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Detached, OneStory
SUBDIVISION PROGRESSO
TAXES 1689
VIEW Yes
VIEW DESCRIPTION Garden
WATER Public
ZONING RD-15
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Coldwell Banker Realty
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