1201 NE 1st Ave new

Fort Lauderdale,FL 33304

$ 595000

2 Beds

1 Bath

728 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 728 sqft

Price per Sqft $817

Subdivision Progresso

MLS Listing ID A11802955

Style Detached,One Story

Bedrooms 2

Full Baths 1

Year Built 1946

Annual Tax Amount $1,689

Tax Year 2024

Lot Size 10,142 Sqft

Property Sub-Type Single Family Residence

Property Description

PRIME DEVELOPMENT OPPORTUNITY IN A BOOMING LOCATION!
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 building, 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.
Don't miss this chance to invest in an area on the rise!

Location

State FL

County Broward

Community Progresso

Area 3460

Interior

Heating Other

Cooling Other

Flooring Hardwood,Other,Wood

Exterior

Exterior Feature Fruit Trees,Room For Pool

Pool None

View Garden

Roof Type Other

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Acceptable Financing Cash

Listing Terms Cash

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