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$ 659,999
Est. payment /mo
New
615 SW 16TH ST Fort Lauderdale, FL 33315
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Alta Vista Terrace 8-31 B
MLS Listing ID TB8516016
HOA Y/N No
Annual Tax Amount $1,479
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 136x50
Property Sub-Type Residential
Source Stellar MLS
Property Description
*New Construction Opportunity - Investor Special - RD-15 Zoned* Seize the opportunity to develop in one of Fort Lauderdale's fastest-growing and rapidly transforming neighborhoods. This 6,771 square foot property presents an exceptional redevelopment opportunity for builders, developers, and savvy investors looking to capitalize on the area's continued growth and strong demand for new construction housing. Currently featuring a partially demolished structure with existing slab, block walls, and remaining construction materials onsite, the property is ideally suited for redevelopment. Zoned RD-15 Residential, the site offers exciting potential for a new single-family residence, duplex, townhomes, or other medium-density residential development possibilities (buyer to verify with city/county). A neighboring newly constructed two-townhome project highlights the strong redevelopment momentum already taking place on the street and reinforces the upside potential of this location. This oversized lot offers flexibility for investors and builders seeking a prime infill development site in a highly desirable urban corridor. Location is everything — and this one delivers. Situated just minutes from Downtown Fort Lauderdale, Las Olas Boulevard, Fort Lauderdale Beach, Fort Lauderdale-Hollywood International Airport, marinas, shopping, dining, entertainment, and major highways including I-95, future residents will enjoy convenient access to everything South Florida has to offer. The surrounding neighborhood is experiencing a major renaissance, with new luxury townhomes, modern infill developments, and rising property values reshaping the community block by block. Early investors in this corridor are already benefiting from increasing demand and appreciation.
Whether you are an experienced developer, custom home builder, or investor searching for your next high-upside project, this property offers tremendous potential in one of Broward County's most active redevelopment areas. No assignable contracts.
Whether you are an experienced developer, custom home builder, or investor searching for your next high-upside project, this property offers tremendous potential in one of Broward County's most active redevelopment areas. No assignable contracts.
Location
State FL
County Broward
Community Alta Vista Terrace 8-31 B
Area 33315 - Fort Lauderdale
Zoning RD-15
Exterior
Utilities Available Public
Building
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by KEVIOUS DOUGLAS, LLC RICHARD PETERS REALTY LLC