About 501 Nw 7th Terrace
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, just steps from Sistrunk Marketplace and surrounded by significant new construction and revitalization. Zoned RMM25, the property offers the potential to develop up to 10 townhomes. The lot previously received City approval for a church, reflecting strong development viability. A current survey is available, and extensive testing has already been completed, providing added value and reduced upfront work for the next developer. Uses Commonly Built in RMM-25 In practice, this zoning has been used for: • Townhome developments (e.g., mid-rise townhome complexes) • Small/medium multifamily buildings (typically up to ~25 units/acre density) ? • Mixed residential configurations with some higher-density units Position yourself ahead of the curve and capitalize on Fort Lauderdale’s continued growth before pricing accelerates further.
Features of 501 Nw 7th Terrace
| MLS® # | A12064988 |
|---|---|
| USD | $1,225,000 |
| CAD | $1,695,461 |
| CNY | 元8,220,975 |
| EUR | €1,054,762 |
| GBP | £906,266 |
| RUB | ₽105,079,765 |
| Acres | 0.47 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 501 Nw 7th Terrace |
|---|---|
| Area | 3423 |
| Subdivision | NORTH LAUDERDALE |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33311 |
Amenities
| Utilities | None, Sewer Not Available |
|---|---|
| Is Waterfront | No |
School Information
| Elementary | Sanders Park |
|---|---|
| Middle | Pompano Beach |
| High | Blanche Ely |