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 s... Read more
Features
All features
Current Use: Residential, SingleFamily, Unimproved, Vacant
Approx SqFt Total Area: 20250
Property SqFt: 20250
Remarks: 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.
Internet Remarks: 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.