1314 SE 1st St

Fort Lauderdale, FL 33301

Amazing development opportunity! Property is located in Colle Hammock on a 6,750 sq ft lot just a few blocks north of Las Olas Blvd. Property is zoned RM-15 - Residential Multifamily Low Rise/Medium Density District allowing two units to be constructed. Rectangular lot measuring 50 feet wide and 135 feet deep. A paved alley along the rear of the lot allowing garages to be in the rear. Currently operated as a short term rental property with a single family home and a two story / two unit apartment building Villa - 2 bedrooms / 1 bath with large sunroom single family home. Suite 1 - First floor 2 bedrooms / 1 bath. Suite 2 - Second floor 2 bedrooms / 1 bath. Rental revenues are approximately $90,000 annually.