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Home > Fort Lauderdale > A11802955

A11802955, Home in Fort Lauderdale for Sale

1201 NE 1st Ave, Fort Lauderdale, FL, 33304
SALE
$539,000
9 %
Est. Mortgage: $2,424/mo Get pre-qualified
197 of 846 for Sale
2Beds
1 Baths
728 ft2 (68 m2)
Lot Size 10,142 ft2 (942 m2)
Listed on: May 14, 2025
Days on Market: 75
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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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A11802955 Condo # for Sale in Fort Lauderdale, Fort Lauderdale
  • Listed on:

    May 14, 2025
  • Days on Market:

    75
  • Taxes:

    $1,689 per year
  • Tax Year:

    2024
  • Year Built:

    1946
  • Occupancy:

    n/a
  • Parking:

    • Garage Spaces

      0
    • Covered Spaces

      0
    • Parking Features

      Other
    • Carport Spaces

      0
  • Interior:

    • Flooring

      Other, Wood
    • Appliances

      Other Equipment/Appliances
    • Cooling

      Other
    • Heating

      Other
    • Interior Features

      Other
  • Exterior:

    • View

      Garden
    • Architectural Style

      Detached, One Story
    • Construction Materials

      Frame
    • Exterior Features

      Fruit Trees, Room For Pool
    • Direction Faces

      East
    • Roof

      Other
  • Community:

    • Subdivision Name

      PROGRESSO
    • Typeof Association

      None
    • Community Features

      None
  • LOT:

    • Lot Features

      Less Than 1/4 Acre Lot
    • Lot Size Square Feet

      10,142
    • Lot Size Units

      Square Feet

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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