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Fort Lauderdale Townhouse Development Site
For Sale
$3,250,000

1551 Davie Boulevard, Fort Lauderdale, FL 33312

LAND - Fort Lauderdale, FL

Property SizeContact for details
Lot Size1.10 Acres
Days on Market216

Property Features for 1551 Davie Boulevard

General Information

Property type Land
Property subtype Other
Zoning RM15
Subdivision RIVERSIDE NO 3
Lot features Cleared
Standard status Active
APN 504209040140
Lot size 1.10 Acres

Taxes and HOA fees

Tax Year 2020
Tax Description RIVERSIDE NO 3 7-17 B LOT 24,25,26 LESS RD R/W TO FDOT LOT 27 N 30.28 TOG W/E1/2 OF PT OF VAC SW 15 TER ABUT LOT 28 & N 30 OF LOT 27 BLK 1,L
Tax Annual Amount 3231
Legal Description RIVERSIDE NO 3 7-17 B LOT 24,25,26 LESS RD R/W TO FDOT LOT 27 N 30.28 TOG W/E1/2 OF PT OF VAC SW 15 TER ABUT LOT 28 & N 30 OF LOT 27 BLK 1,L

Utilities

Utilities Water Available
Water source Public
Listing Agency: Compass Florida, LLC
Listed By: Giancarlo Cuffia · License #3211776
Added: Jan 6 Changed: Jul 10 Last Checked: Aug 10 at 12:06PM
MLS# F10543779

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This development site is DRC approved for 16 townhouses and is ready for immediate submission of building plans to obtain permits from the City of Fort Lauderdale. The property is located east of I-95 along Davie Boulevard, a key east-west corridor connecting Downtown Fort Lauderdale to significant destinations. It is situated minutes from Downtown Fort Lauderdale, Las Olas Boulevard, Port Everglades, and Fort Lauderdale-Hollywood International Airport, and a short drive to Fort Lauderdale Beach. The surrounding area is characterized by new construction and redevelopment. The site area is 49,530 square feet, and the land use designation is RM-15. Water and wastewater services are provided by the City of Fort Lauderdale. Each unit has a footprint of 1,432 square feet (198 square feet on the first floor, 617 square feet on the second floor, and 617 square feet on the third floor), a 444-square-foot garage, and a 32-square-foot front entry/garage entry. Each unit also includes a 145-square-foot balcony. The site density is 16 units provided out of 17 maximum. Parking includes a two-car garage for each of the 16 units, plus 4 off-street visitor parking spaces. The total building footprint area for all 16 units, including garages, is 11,520 square feet. The building height is 32 feet 8 inches. The total building area is 11,520 square feet, resulting in a Floor Area Ratio (FAR) of 0.233. The construction type is III A. Required setbacks are 25 feet in the front, 5 feet on the side yard, 20 feet in the rear, and 25% of lot width or 20 feet on the corner. The FEMA elevation is 7.1 feet, and the FEMA flood zone is 0.2 PCT FLOOD.

Key Highlights

  • DRC approved for 16 townhouses, ready for building plan submission.
  • Prime location east of I‑95 on Davie Boulevard, a key corridor, providing easy access.
  • Excellent infill opportunity in a rapidly evolving, high‑demand urban market.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Nail Salon Daycare Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby

Demographics for 33312, FL

51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - DRC approved 16-townhouse development site in prime location.
Where is this land located?
The property is located at 1551 Davie Boulevard Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: DRC approved for 16 townhouses, ready for building plan submission.; Prime location east of I‑95 on Davie Boulevard, a key corridor, providing easy access.; Excellent infill opportunity in a rapidly evolving, high‑demand urban market.
More about this property
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