South Middle River, 1201 NE 1st Ave, Fort Lauderdale, FL 33304

595,000(-9.41% )
$539,000Price
2Beds
1Baths
728SqFt

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Details

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Status:
Active
Parking: No info
Size: 728 SqFt (68 m2)
Price: $740/SqFt ($7,970/m2)
Type: Single Family Home
Built: 1946
MLS Number: A11802955
View: Garden
On Site: 76 Days
Updated: 62 Days ago
Page Views: 0
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.
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: FruitTrees, RoomForPool
  • View: Garden
Interior, Heating and Cooling
  • Equipment / Appliances: Other
  • Heating Description: Other
  • Cooling Description: Other
Building and Construction
  • Floor Description: Hardwood,Other,Wood
  • Year Built: 1946
  • Year Built Description: Effective Year Built
  • Style: Detached,OneStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-05-14T12:39:50.000-00:00
    • Directions: East
    Taxes, Fees & More
    • Taxes: 1689
    • Parking Description: Other

    Price History

    05/28/2025

    Date

    Price Reduced

    Event

    $539K

    Price

    -9.41%

    Change Rate

    $740 ft2 / $7,970 m2

    Price Per

    05/14/2025

    Date

    Listed

    Event

    $595K

    Price

    $817 ft2 / $8,798 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Grace AppletonColdwell Banker Realty • Buyer Agency Compensation .

    Instant Comps

    $100/ft²
    $1,200/ft²
    $2,500/ft²
    $3,800/ft²

    Unit 1201 NE 1st Ave – Asking

    $740/ft²

    (+92%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $385/ft²
    Community $/Price Range (Closed) $200/ft² – $3658/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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