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

1201 NORTH EAST 1ST AVE, Fort Lauderdale

$539,000 USD 2 1
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      Address1201 NORTH EAST 1ST AVE, Fort Lauderdale
      Building NamePROGRESSO
      Type of PropertySingle Family Residence
      Property StyleR30-No Pool / No Water
      Price$539,000
      Previous Price$595,000 (37 days ago)
      Property StatusActive
      MLS NumberA11802955
      Bedrooms Number2
      Full Bathrooms Number1
      Living Area728
      Lot Size10142
      Year Built1946
      Folio Number494234033290
      Zoning InformationRD-15
      Days on Market51

      Detailed Description: 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.

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      Address Information
      StateFlorida
      CityFort Lauderdale
      CountyBroward County
      Zip Code33304
      Address1201 NORTH EAST 1ST AVE
      Section34
      Zip Code (4 Digits)1906
      Financial Information
      Price$539,000
      Price per Foot$0
      Previous Price$595,000
      Folio Number494234033290
      Tax Amount$1,689
      Tax Year2024
      Full Descriptions
      Detailed DescriptionMOTIVATED 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.
      Property ViewGarden
      Design DescriptionDetached, One Story
      Roof DescriptionOther
      Floor DescriptionOther, Wood
      Interior FeaturesOther
      Exterior FeaturesFruit Trees, Room For Pool
      Equipment AppliancesOther Equipment / Appliances
      Cooling DescriptionOther
      Heating DescriptionOther
      Water DescriptionMunicipal Water
      Sewer DescriptionPublic Sewer
      Parking DescriptionOther
      Property parameters
      Bedrooms Number2
      Full Baths Number1
      Living Area728
      Lot Size10142
      Zoning InformationRD-15
      Year Built1946
      Type of PropertySingle Family Residence
      StyleR30-No Pool / No Water
      Building NamePROGRESSO
      Development NamePROGRESSO
      Construction TypeFrame
      Street DirectionNorth East
      Listed withColdwell Banker Realty