501 NW 7th Terrace Fort Lauderdale FL 33311

Address
501 Nw 7th Terrace, Fort Lauderdale, FL
Price
$ 1,300,000
Property Attributes
  • MLS#A11949002
  • TypeLand
  • Listing Status Active
  • CountyBroward
  • CityFort Lauderdale
  • Area3810
  • NeighborhoodNORTH LAUDERDALE
  • Zip33311
  • Style
  • Taxes$ 383
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.47 Acres
Data Source:
Beaches MLS (FL)
Property 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, juststeps 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 fora church, reflecting strong development viability. A current survey is available, and extensive testing has alreadybeen completed, providing added value and reduced upfront work for the next developer. Uses Commonly Built inRMM-25 In practice, this zoning has been used for: • Townhome developments (e.g., mid-rise townhomecomplexes) • Small/medium multifamily buildings (typically up to ~25 units/acre density) ? • Mixed residentialconfigurations with some higher-density units Position yourself ahead of the curve and capitalize on FortLauderdale’s continued growth before pricing accelerates further.

Elementary School Middle School High School
Walker Elementary School Sunrise Middle School Fort Lauderdale High School
Price History
6/10/2026 Listed $1,300,000

General Features

Utilities None,SewerNotAvailable
Possession Negotiable
Development Status RawLand
Property Subtype UnimprovedLand
Tax Year 2025
Current Use Residential,SingleFamily,Unimproved,Vacant
County Broward
Property Type Land
Subdivision Name NORTH LAUDERDALE
Facing Direction East
Other Structures None
Status Active
Directions Use GPS
High School Fort Lauderdale
City Fort Lauderdale
MLS Area 3810
Lot Size Square Feet 20250
Elementary School Walker
Tax Annual Amount 383
Middle/Junior High School Sunrise
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11949002
Standard Status Active
Property Sub Type Additional UnimprovedLand
PostalCity Fort Lauderdale
Legal Description NORTH LAUDERDALE 1-48 D LOTS 21-26 TOG WITH E 1/2 OF PT VAC'D ALLEY LYING W OF ADJ TO SAID LOTS AS PER OF 15316/195 BLK 15

Exterior Features

Vegetation PartiallyWooded
Fencing Fenced
Lot Features CornerLot,CityLot
Water Source Other
Lot Dimensions 20250
Lot Size Acres 0.47
Road Surface Type AlleyPaved
Waterfront Y/N false
Road Frontage Type PublicRoad
Number of Lots 2
Road Responsibility PublicMaintainedRoad

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33311

Price
AVG $700K
$1.3M
Taxes
AVG $5,424
$383

Areas We Cover