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Corner Development Land for Townhomes
For Sale
$1,300,000

501 Nw 7th Ter, Fort Lauderdale, FL 33311

Corner parcel zoned RMM-25, formed by three assembled lots, with available survey and extensive testing completed.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market65

Property Features for 501 Nw 7th Ter

General Information

Standard status Active
Lot size 0.46 Acres
Property subtype Land
Zoning RMM-25

Taxes and HOA fees

Annual Taxes $383
Listing Agency: Lifestyle International Realty
Listed By: Herby Honore · License #3522722
Source: Exprealty
Added: Jun 9 Changed: Aug 8 Last Checked: Jun 15 at 4:31PM

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 Lifestyle International Realty

Investment Insights

Based on property information with market context.

Exceptional corner development site located in one of Fort Lauderdale’s fastest-growing corridors. The property consists of three assembled lots and is offered as a single parcel at 501 NW 7th Ter. A current survey is available, and extensive testing has already been completed to help reduce upfront work for a future developer.

The site is zoned RMM-25. The City previously approved the lot for a church, supporting strong development viability. Based on the RMM-25 zoning, the property offers the potential to develop up to 10 townhomes.

RMM-25 in practice has been used for townhome developments, small/medium multifamily buildings, and mixed residential configurations with some higher-density units. The property is positioned just steps from Sistrunk Marketplace and is surrounded by significant new construction and revitalization.

Key Highlights

  • Corner development parcel in Fort Lauderdale zoned RMM‑25
  • 20,250 SF lot comprised of three assembled lots
  • Located on NW 7th Terrace and NW 5th Street, steps from Sistrunk Marketplace

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Clothing & Fashion Store Fish Market Tanning Salon

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

3,787
Businesses Nearby

Demographics for 33311, FL

69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner parcel zoned RMM-25, formed by three assembled lots, with available survey and extensive testing completed.
Where is this residential land & home lot located?
The property is located at 501 Nw 7th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Corner development parcel in Fort Lauderdale zoned RMM‑25; 20,250 SF lot comprised of three assembled lots; Located on NW 7th Terrace and NW 5th Street, steps from Sistrunk Marketplace
More about this property
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