South Middle River, 1201 NE 1st Ave

$595K9.4%
$539,000
2
Beds
1
Baths
728
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
728 SqFt (68 m2)
Price
$740/SqFt ($7,970/m2)
Type
House
Built
1946
MLS Number
A11802955
View
Garden
On Site
485 Days
Updated
471 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

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    Price History

    Current
    $539K
    High
    $595K
    Low
    $539K
    Total Change
    -9.4%
    $602K$567K$532KMay 25May 25
    Date
    Event
    Price
    Change
    Price Per
    05/28/2025
    Price Reduced
    $539K
    -9.41%
    $740 ft2
    $7,970 m2
    05/14/2025
    Listed
    $595K
     
    $817 ft2
    $8,798 m2
    05/28/2025
    $539K
    Event
    Price Reduced
    Change
    -9.41%
    Price Per
    $740 ft2
    $7,970 m2
    05/14/2025
    $595K
    Event
    Listed
    Price Per
    $817 ft2
    $8,798 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Grace Appleton • Coldwell Banker Realty • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Somewhat Walkable. Some errands can be accomplished on foot
    67

    100
    Transit Score®
    Some Transit. A few nearby public transportation options
    43

    100
    Bike Score®
    Bikeable. Some bike infrastructure
    63

    100
    Sound Score®
    Very loud
    74

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    29

    100
    Local Score
    Limited local amenities nearby
    1

    100
    Community Snapshot
    2 – 7 BR
    Bedrooms
    $140K – $2.5M
    Price Tier
    664 - 7,318
    SqFt Range
    1954
    Year Build
    1
    Total Floors

    Subdivision Amenities

    None

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    South Middle River Communities in Fort Lauderdale, FL