Brad Glowe - Arterra Realty Logo
$1,225,000
 $6,576 est/mo Sourced by Back At You

501 NW 7th Terrace,Fort Lauderdale, FL 33311

Fort Lauderdale, FL 33311

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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

MLS #A12064988
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site65
Listing Provided ByLifestyle International Realty | Herby Honore

Features

ZoningRMM-25
Acreage0.47

Exterior

Lot FeaturesCorner Lot, City Lot

Taxes

Tax Annual Amount383

Area Information

StateFL
CountyBroward
CityFort Lauderdale
Zip Code33311
Area3423
SubareaFTNW Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810)
Community NameNORTH LAUDERDALE
Listing VS Median (in NORTH LAUDERDALE)
Price:
$1,225,000
low | high
Med:
$3,500
100% of Average
On site:
65
low | high
Med:
48
100% of Average
Sourced by Back At You

Market Activity 33311

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Contact

Learn More About This Property

Brad Glowe

Brad Glowe

Arterra

 (586) 651-0337brad.glowe@arterrarealty.com
StateFL
CountyBroward
CityFort Lauderdale
Zip Code33311
Area3423
SubareaFTNW Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810)
Community NameNORTH LAUDERDALE
Listing VS Median (in NORTH LAUDERDALE)
Price:
$1,225,000
low | high
Med:
$3,500
100% of Average
On site:
65
low | high
Med:
48
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 10:15:37 PM PDT