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501 NW 7th Terrace, Fort Lauderdale, FL 33311

$1,300,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11949002

Property Type: Land & Docks Lot Size (sq. ft.): 20,250 Status: Active

Current Price: $1,300,000 List Date: 1/20/2026 Last Modified: 6/10/2026

Overview

Description

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 FortLauderda ... (Read more)

Listing Details MLS# A11949002

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: 2
Lot Size Acres: 0.47
Lot Size Square Feet: 20250
Lot Size Dimensions: 20250
Additional Parcels YN: Yes
Direction Faces: East
LP/SqFt: 64.2

Property Features

Current Use: Check Land Use Plan; Residential; Unimproved; Vacant Development Status: Raw Land Fencing: Fenced Location of Property: City Location; Corner Unit Other Structures: None Possession: Negotiable Trees: Partial Tree Coverage Utilities: Sewer Not Available; None Listing Terms: Cash Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Alley Paved Water Source: Other Showing Requirements: Call Listing Agent; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 1600000
LP/Acre: 2795698.92

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 501
Street Direction Prefix: NW
Street Name: 7th
Street Suffix: Terrace
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33311
Postal Zip: 33311
Subdivision Name: NORTH LAUDERDALE
Area: 3810
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Elementary School: Walker
Middle Or Junior School: Sunrise
High School: Fort Lauderdale
Parcel Number: 504203011720
Subdivision Number: Yes
Zoning: RMM-25
Flood Zone: AE
Directions: Use GPS

Financial Information

Tax Year: 2025
Tax Annual Amount: 383
Tax Legal Description: NORTH LAUDERDALE 1-48 D LOTS 21-26 TOG WITH E 1/2 OF PT VAC'D ALLEY LYING W OF ADJ TO SAID LOTS AS PER OF 15316/195 BLK 15

Status Change Information

Major Change Timestamp: 2026-06-10T13:05:55Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-10T13:05:55Z
Status Change Date: 2026-01-20

More Information

Price Calculations

Current Price To SqFt: 64.18

Section Details

Parcel Number MLX: 1720

Originating Details

Originating System Key: 425616711
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Fencing

Fenced: Yes

Current Use

Check Land Use Plan: Yes
Residential: Yes
Unimproved: Yes
Vacant: Yes

Development Status

Raw Land: Yes

Location of Property

City Location: Yes
Corner Unit: Yes

Other Structures

None: Yes

Possession

Negotiable: Yes

Trees

Partial Tree Coverage: Yes

Utilities

Sewer Not Available: Yes
None: Yes

Listing Terms

Cash: Yes

Road Frontage Type

Public Road: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Alley Paved: Yes

Water Source

Other: Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Listing Office: Lifestyle International Realty

Last Updated: June - 10 - 2026

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