1005 17Th StFort Lauderdale, FL 33305

This exceptional 11,006 square foot lot in Fort Lauderdale, Florida, presents a compelling investment opportunity for developers and residential investors. Located at 1005 NE 17th St, Fort Lauderdale, FL 33305 (APN 4942 35 04 0070), this single-ownership property is zoned RM15, offering significant flexibility for redevelopment. Currently featuring a 2,005 square foot building with four units, built in 1959, the site is ideal for generating rental income while simultaneously presenting a strong foundation for a new townhome development. The property's prime location within the desirable Fort Lauderdale area ensures strong potential for appreciation and high occupancy rates. This is a rare chance to acquire a substantial parcel of land in a thriving market, allowing for the creation of a valuable residential project. The existing structure provides immediate income potential while the zoning allows for a future vision of townhomes. This presents a unique blend of short-term and long-term investment potential. Don't miss this chance to capitalize on the growth of Fort Lauderdale's residential market.