Development opportunity in a rapidly improving Fort Lauderdale location. Property is zoned RD-15 with the ability to build two townhomes on the site. Neighboring lot of similar size on the same street is already under construction with a two-townhome project approximately 60% complete. Strong exit potential with projected resale values between $1.1M and $1.3M per townhome.
Comparables
701 SW 17th St | 2,519 sf | 5 Beds | 4 Baths | Sold $1,025,000 Apr 2026 | Built 2026
709 SW 17th St | 2,624 sf | 4 Beds | 3.5 Baths | Sold $1,070,000 Jun 2025 | Built 2018
Asking $579,990
ARV $2,200,000-$2,500,000
Estimated rent $6,000-$8,000/month