1201 NE 1st Ave
1201 NE 1st Ave Fort Lauderdale 333042 bedrooms | 1 bathroom | 0 half bath | 728 sqft
$539,000
Property Details
- MLS #
- A11802955
- Unit #
- Address
- 1201 NE 1ST AVE map
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area (f2)
- 728
- Living Area (M2)
- 68
- Lot Size (f2)
- 10,142
- Year Built
- 1946
- Waterfront
- Status
- Active
- Listing Type
- Single Family
- Maintenance Fee
- $0
- Complex
- PROGRESSO
- Days On Market
- 85
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 0
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Property Description
MOTIVATED SELLERS! Big price drop!! PRIME DEVELOPMENT OPPORTUNITY MINUTES FROM DOWNTOWN, PROGRESSO VILLAGE AND THE BEACH! This 10,142 sq ft lot, is a rare find in one of the most dynamic and rapidly transforming areas in the city. While the property includes an original 1946 bungalow, the true value lies in the land—ideal for a DEVELOPER or INVESTOR. The generous lot size ALLOWS FOR THE CONSTRUCTION OF UP TO 3 TOWNHOMES (cluster), making this a high-potential project. Exciting new developments nearby, including the huge development around the old Sears Town, signal major growth and increased value in the neighborhood. A survey is attached, and there is potential to add a portion of NE 12th Street to the property, increasing its appeal and usability.
Property Amenities
Equipment
- Other Equipment/Appliances
Interior Features
- Other
Exterior Features
- Fruit Trees
- Room For Pool
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 1432 N Andrews Ave | $355,000 | 2/1 | 800 | 74 | $0 | ||
| 1134 NE 5th Ter | $399,000 | 1/1 | 576 | 54 | $0 | ||
| 1336 NW 6th Ave | $435,000 | 3/2 | 918 | 85 | $0 | ||
| 1244 NW 1st Ave | $449,000 | 3/2 | 1,316 | 122 | $0 | ||
| 646 NW 10th Ter | $450,000 | 3/2 | 1,309 | 122 | $0 | ||
| 515 NE 11th St | $475,000 | 2/1 | 995 | 92 | $0 | ||
| 1605 NW 7th Ter | $475,000 | 2/1 | 965 | 90 | $0 | ||
| 1100 NW 7th Ave | $500,000 | 3/2 | 1,258 | 117 | $0 | ||
| 933 NW 2nd Ave | $525,000 | 3/2 | 1,428 | 133 | $0 | ||
| 1300 NW 7th Ter | $535,000 | 3/1 | 945 | 88 | $0 | ||
| 1201 NE 1st Ave | $539,000 | 2/1 | 728 | 68 | $0 | ||
| 7301 NW 11th St | $574,000 | 3/2 | 1,551 | 144 | $0 | ||
| 1401 NE 5th Ter | $575,000 | 3/2 | 1,086 | 101 | $0 | ||
| 7904 SW 139th Ct | $575,000 | 3/2 | 1,525 | 142 | $0 | ||
| 1779 NE 16th St | $579,900 | 3/2 | 1,369 | 127 | $0 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 07/31/2025 | $400,000 | $410,000 | 2 | 1 | 832 | 4 months | |
| 07/29/2025 | $235,000 | $399,000 | 3 | 1 | 925 | 7 months | |
| 07/28/2025 | $490,000 | $499,000 | 3 | 2 | 991 | 2 months | |
| 07/25/2025 | $570,000 | $570,000 | 3 | 2 | 1,724 | 4 weeks | |
| 07/08/2025 | $420,000 | $444,900 | 2 | 1 | 843 | 4 months | |
| 07/07/2025 | $445,000 | $425,000 | 3 | 1 | 1,343 | 2 months | |
| 06/27/2025 | $362,000 | $381,000 | 3 | 1 | 947 | 4 months | |
| 06/26/2025 | $825,000 | $849,900 | 3 | 2 | 1,654 | 2 months | |
| 06/23/2025 | $760,000 | $850,000 | 3 | 2 | 2,084 | 2 months | |
| 06/20/2025 | $600,000 | $625,000 | 4 | 2 | 1,773 | 3 months | |
| 06/20/2025 | $1,023,000 | $1,099,000 | 4 | 4 | 2,766 | 2 months | |
| 06/20/2025 | $495,000 | $497,000 | 3 | 2 | 1,330 | 4 weeks | |
| 06/02/2025 | $420,000 | $425,990 | 2 | 1 | 992 | 2 months | |
| 05/30/2025 | $850,000 | $850,000 | 4 | 2 | 2,231 | 1 month | |
| 05/12/2025 | $885,000 | $895,000 | 4 | 3 | 2,782 | 2 months | |
| 04/30/2025 | $545,000 | $580,000 | 3 | 2 | 1,161 | 3 months | |
| 04/04/2025 | $725,000 | $795,000 | 4 | 2 | 2,124 | 3 months | |
| 04/01/2025 | $793,000 | $844,999 | 4 | 2 | 1,912 | 1 month |
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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
