Basic Information

  • MLS # A11802955
  • Type Single Family Residence
  • Status Active
  • Subdivision/Complex Progresso
  • Year Built 1946
  • Total Sqft 10,142
  • Date Listed 05/14/2025
  • Days on Market 34
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • View Garden
  • Construction Type Frame
  • Parking Description Other
  • Exterior Features Fruit Trees, Room For Pool
  • Roof Description Other
  • Style Single Family Residence

Interior Features

  • Adjusted Sqft 728Sq.Ft
  • Cooling Description Other
  • Equipment Appliances Other
  • Floor Description Hardwood, Other, Wood
  • Heating Description Other
  • Sqft 728 Sq.Ft

Property Features

  • Address 1201 NE 1st Ave
  • Aprox. Lot Size 10,142
  • Architectural Style Detached, One Story
  • City Fort Lauderdale
  • Construction Materials Frame
  • County Broward
  • Direction Faces East
  • Furnished Info no
  • Listing Terms Cash
  • Lot Features Less Than Quarter Acre
  • Occupant Type Vacant
  • Parking Features Other
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Fort Lauderdale
  • Roof Other
  • Sewer Description Public Sewer
  • Stories 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Progresso
  • Tax Amount $1,689
  • Tax Legal desc P R O G R E S S O2-18 D L O T22 T O24 B L K119
  • Tax Year 2024
  • Terms Considered Cash
  • Type of Property Single Family Residence
  • View Garden
  • Water Source Public
  • Year Built Details Effective Year Built

1201 NE 1st Ave

Fort Lauderdale, FL 33304

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