Davis, 701 NE 1st St

Own in Davis?
Beds
0.16
Acre
$7,500,000
$/Acre
Ultra Luxury Land
Prime opportunity for developers and builders seeking a strong infill project in Las Olas. Proven high-demand area! This 7,000 SQFT corner lot (140' x 50') in Victoria Park is zoned RMM-25, allowing a single-family residence, two single-family homes, or up to four three-story townhomes. The existing wood-frame structure has no contributory value and is best viewed as a teardown, giving a clean slate for new construction. This parcel offers flexible zoning, efficient lot dimensions, and strong long-term resale potential for both end-users and investors. Its position within an established, high-performing market enhances project feasibility and exit strategies. Ideal site for builders aiming to maximize yield, design flexibility, and ROI on a rare redevelopment opportunity.
MLS Number: F10536951
On Site: 329 Days
Updated: 164 Days ago
Page Views: 0

Features

All features
  • Current Use: Other, Residential, SingleFamily, Unimproved
  • Approx SqFt Total Area: 6750
  • Property SqFt: 6750
  • Remarks: Prime opportunity for developers and builders seeking a strong infill project in Las Olas. Proven high-demand area! This 7, 000 SQFT corner lot (140' x 50') in Victoria Park is zoned RMM-25, allowing a single-family residence, two single-family homes, or up to four three-story townhomes. The existing wood-frame structure has no contributory value and is best viewed as a teardown, giving a clean slate for new construction. This parcel offers flexible zoning, efficient lot dimensions, and strong long-term resale potential for both end-users and investors. Its position within an established, high-performing market enhances project feasibility and exit strategies. Ideal site for builders aiming to maximize yield, design flexibility, and ROI on a rare redevelopment opportunity.
  • Internet Remarks: Prime opportunity for developers and builders seeking a strong infill project in Las Olas. Proven high-demand area! This 7, 000 SQFT corner lot (140' x 50') in Victoria Park is zoned RMM-25, allowing a single-family residence, two single-family homes, or up to four three-story townhomes. The existing wood-frame structure has no contributory value and is best viewed as a teardown, giving a clean slate for new construction. This parcel offers flexible zoning, efficient lot dimensions, and strong long-term resale potential for both end-users and investors. Its position within an established, high-performing market enhances project feasibility and exit strategies. Ideal site for builders aiming to maximize yield, design flexibility, and ROI on a rare redevelopment opportunity.
  • Waterfront: No info
  • Directions: South
  • Days on Market: 164
  • Compass Point: NE
  • Office Name: Keller Williams Realty Profess
  • Taxes: 6030
  • Tax Year: 2024
  • Listing Date: 2025-11-13T19:00:00.000-00:00
  • Lot Size Square Feet: 6750

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Price History

Current
$1.2M
High
$1.3M
Low
$1.2M
Total Change
-7.7%
$1.3M$1.3M$1.2MNov 25Mar 26
Date
Event
Price
Change
Price Per
03/26/2026
Price Reduced
$1.2M
-7.69%
$178 ft2
$1,914 m2
11/14/2025
Listed
$1.3M
 
$193 ft2
$2,073 m2
03/26/2026
$1.2M
Event
Price Reduced
Change
-7.69%
Price Per
$178 ft2
$1,914 m2
11/14/2025
$1.3M
Event
Listed
Price Per
$193 ft2
$2,073 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Richard Toomey • Keller Williams Realty Profess • Buyer Agency Compensation .

Transit & Commute from Davis

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30
Traffic score
Congested area. Frequent traffic delays
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Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
94

100
Transit Score®
Good Transit. Many nearby public transportation options
52

100
Bike Score®
Bikeable. Some bike infrastructure
51

100
Sound Score®
Bearable noise
75

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
30

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
$2.9M – $2.9M
Price Tier
2,367 - 12,420
SqFt Range
1967
Year Build
4
Total Floors

Subdivision Amenities

Elevators
Laundry

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