501 NW 7th Terrace, Fort Lauderdale, FL 33311

$1,150,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12064988

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

Current Price: $1,150,000 List Date: 10/22/2026 Last Modified: 11/07/2026

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, 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 La ... (Read more)

Listing Details MLS# A12064988

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
Lot Depth: 202
Additional Parcels YN: Yes
Lot Frontage: 100
LP/SqFt: 56.79

Property Features

Comprehensive Plan Use: Intensive Development; Open Land; Other Current Use: Unimproved Environmental Audit: None Location of Property: City Location; Corner Unit Possession: Negotiable Possible Use: Commercial Special Information: City Jurisdiction Trees: Partial Tree Coverage Utilities: Sewer Not Available; None Listing Terms: Cash; Conventional Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Water Source: Other Showing Requirements: Call Listing Agent; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 1250000
LP/Acre: 2473118.28
LP/Frontage: 11500

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: 3423
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Elementary School: Sanders Park
Middle Or Junior School: Pompano Beach
High School: Blanche Ely
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: 2026-11-07T02:02:28Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-07T02:02:28Z
Status Change Date: 2026-10-22

More Information

Price Calculations

Current Price To SqFt: 56.77

Section Details

Parcel Number MLX: 1720

Originating Details

Originating System Key: 540563907
Originating System ID: M00000151

Listing Office: Lifestyle International Realty

Last Updated: November - 07 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

501 NW 7th Terrace, Fort Lauderdale, FL 33311 (MLS# A12064988)