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
- 21
- 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
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|---|---|---|---|---|---|---|---|
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Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 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 | |
| 04/01/2025 | $793,000 | $844,999 | 4 | 2 | 1,912 | 1 month | |
| 12/20/2024 | $1,670,000 | $1,796,000 | 4 | 4 | 1,997 | 5 months | |
| 12/06/2024 | $619,498 | $619,498 | 4 | 3 | 2,012 | 1 month |
https://www.collegetownliving.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Coldwell Banker Realty
Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
