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DRC-Approved Townhouse Development Site
For Sale
$3,250,000

1551 Davie, Fort Lauderdale, FL 33312

Vacant residential land approved for a 16-townhouse project with planned two-car garages and off-street visitor parking.

Property SizeContact for details
Days on Market210

Property Features for 1551 Davie

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,231
Listing Agency: COMPASS FLORIDA, LLC
Listed By: GIANCARLO CUFFIA · License #F10543779
Source: Corcoran
Added: Jan 14 Changed: Aug 8 Last Checked: Jul 22 at 4:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS FLORIDA, LLC

Investment Insights

Based on property information with market context.

This development site is approved by the DRC for a 16-townhouse project, with the seller having obtained an approval extension for the project. The next step for a new owner is to submit building plans to the City to obtain the required building permits. The site is planned under an RM-15 land use designation and a townhouses zoning designation, with a stated maximum density net of 17 and 16 units proposed.

The project layout includes two-car garages for each of the 16 units, plus additional off-street visitor parking. Proposed unit footprints are described for unit types #1A and #1C, and the site’s planning documentation includes stated setbacks of 25' front, 5' side yard, and 20' rear, with corner setback guidance noted by lot width or 20'-0''.

The site information also references city water and wastewater service, a Type III-A construction type, and FEMA elevation and flood zone parameters of 7.1 feet and 0.2 PCT FLOOD, respectively. Building height is noted as 32' 8", with a total building footprint area of 11,520 square feet for all 16 units.

Key Highlights

  • DRC‑approved 16‑townhouse development site with building plans ready for immediate City of Fort Lauderdale permit submission
  • 49,530 SF site for a 16‑townhome project (RM‑15 land use; townhouses zoning designation)
  • Parking plan includes (16) 2‑car garages plus 4 off‑street visitor parking spaces

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Pharmacy

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?
Residential land & home lot - Vacant residential land approved for a 16-townhouse project with planned two-car garages and off-street visitor parking.
Where is this residential land & home lot located?
The property is located at 1551 Davie 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 16‑townhouse development site with building plans ready for immediate City of Fort Lauderdale permit submission; 49,530 SF site for a 16‑townhome project (RM‑15 land use; townhouses zoning designation); Parking plan includes (16) 2‑car garages plus 4 off‑street visitor parking spaces
More about this property
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