1201 NORTH EAST 1ST AVE, Fort Lauderdale
$539,000 USD 2 1
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Address | 1201 NORTH EAST 1ST AVE, Fort Lauderdale |
Building Name | PROGRESSO |
Type of Property | Single Family Residence |
Property Style | R30-No Pool / No Water |
Price | $539,000 |
Previous Price | $595,000 (6 days ago) |
Property Status | Active |
MLS Number | A11802955 |
Bedrooms Number | 2 |
Full Bathrooms Number | 1 |
Living Area | 728 |
Lot Size | 10142 |
Year Built | 1946 |
Folio Number | 494234033290 |
Zoning Information | RD-15 |
Days on Market | 20 |
Detailed 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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Address Information
State | Florida |
City | Fort Lauderdale |
County | Broward County |
Zip Code | 33304 |
Address | 1201 NORTH EAST 1ST AVE |
Section | 34 |
Zip Code (4 Digits) | 1906 |
Financial Information
Price | $539,000 |
Price per Foot | $0 |
Previous Price | $595,000 |
Folio Number | 494234033290 |
Tax Amount | $1,689 |
Tax Year | 2024 |
Full Descriptions
Detailed 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. |
Property View | Garden |
Design Description | Detached, One Story |
Roof Description | Other |
Floor Description | Other, Wood |
Interior Features | Other |
Exterior Features | Fruit Trees, Room For Pool |
Equipment Appliances | Other Equipment / Appliances |
Cooling Description | Other |
Heating Description | Other |
Water Description | Municipal Water |
Sewer Description | Public Sewer |
Parking Description | Other |
Property parameters
Bedrooms Number | 2 |
Full Baths Number | 1 |
Living Area | 728 |
Lot Size | 10142 |
Zoning Information | RD-15 |
Year Built | 1946 |
Type of Property | Single Family Residence |
Style | R30-No Pool / No Water |
Building Name | PROGRESSO |
Development Name | PROGRESSO |
Construction Type | Frame |
Street Direction | North East |
Listed with | Coldwell Banker Realty |