501 NW 7th Ter, Fort Lauderdale FL 33311

Description of 501 NW 7th Ter, Fort Lauderdale FL 33311

Exceptional corner development site located in one of Fort Lauderdale’s fastest-growing corridors. This 20,250 square 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.

Property Details for 501 NW 7th Ter, Fort Lauderdale FL 33311

Pool Private

No

Building Information for 501 NW 7th Ter, Fort Lauderdale FL 33311

Building Name

NORTH LAUDERDALE

Building Area Units

Square Feet

Association

No

Property Information for 501 NW 7th Ter, Fort Lauderdale FL 33311

Lot Features

City Location, Corner Location, Less Than 1 Acre

Lot Size Square Feet

20,250

Waterfront

No

Frontage Length

100

View

No

Sewer

None

Water Source

Other

New Construction

No

Public Records for 501 NW 7th Ter, Fort Lauderdale FL 33311

Parcel Number

504203011720

Tax Annual Amount

$383

Tax Year

2,025

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

Zoning

RMM-25

County Or Parish

Broward County

Location