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501 NW 7th Ter

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Fort Lauderdale, FL 33311
$1,600,000
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  • Principal & Interest
    $ 615
  • Property Tax
    $ 180
  • Home Insurance
    $ 61
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Property Description

Exceptional corner development site located in one of Fort Lauderdale's fastest-growing corridors. This 20,250 square 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 RMM- 25, 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.

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    501 NW 7th Ter, Fort Lauderdale, FL 33311

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    Exceptional corner development site located in one of Fort Lauderdale's fastest-growing corridors. This 20,250 square 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 RMM- 25, 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.

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      Listing Courtesy of Lifestyle International Realty

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      The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Miami-JTHS data last updated at March 16, 2026, 11:19 PM ET

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