701 NE 1st St Fort Lauderdale, FL 33301
Victoria Park NeighborhoodEstimated payment $7,355/month
Highlights
- Garden View
- South Facing Home
- No Heating
- Harbordale Elementary School Rated A-
About This Home
Prime opportunity for developers and builders seeking a strong infill project in Las Olas. High proven demand area! This 7,000 SQFT corner lot (140' x 50') in Victoria Park is zoned RMM-25, allowing a single-family residence, two single-family homes, or up to four three-story townhomes. The existing wood-frame structure has no contributory value and is best viewed as a teardown, giving a clean slate for new construction. This parcel offers flexible zoning, efficient lot dimensions, and strong long-term resale potential for both end-users and investors. Its position within an established, high-performing market enhances project feasibility and exit strategies. Ideal site for builders aiming to maximize yield, design flexibility, and ROI on a rare redevelopment opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,030
Year Built
- Built in 1925
Lot Details
- 6,750 Sq Ft Lot
- Lot Dimensions are 140 x 50
- South Facing Home
- Property is zoned RMM-25
Parking
- Driveway
Property Views
- Garden Views
Schools
- Harbordale Elementary School
- Sunrise Middle School
- Fort Lauderdale High School
Utilities
- No Cooling
- No Heating
Community Details
- Davis Add 3 28 D Subdivision
Listing and Financial Details
- Assessor Parcel Number 504202050260
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,030 | $304,430 | -- | -- |
| 2024 | $5,874 | $295,860 | -- | -- |
| 2023 | $5,874 | $287,250 | $0 | $0 |
| 2022 | $5,552 | $278,890 | $0 | $0 |
| 2021 | $5,395 | $270,770 | $0 | $0 |
| 2020 | $5,367 | $276,520 | $0 | $0 |
| 2019 | $4,694 | $268,360 | $0 | $0 |
| 2018 | $4,323 | $262,410 | $0 | $0 |
| 2017 | $4,203 | $235,050 | $0 | $0 |
| 2016 | $4,152 | $225,760 | $0 | $0 |
| 2015 | $4,116 | $219,360 | $0 | $0 |
| 2014 | $4,012 | $213,280 | $0 | $0 |
| 2013 | -- | $353,630 | $162,000 | $191,630 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $1,300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $72,679 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | Commercial |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10536598
APN: 50-42-02-05-0260
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