501 SW 6th Avenue, Fort Lauderdale, FL 33315

Sold $1,500,000 · Aug 2, 2023

Last asking price $1,485,000 · 101% of asking · 17 days on market

Similar Homes for Sale Nearby

  • 3 beds
  • 2 baths
  • 2,363 sq ft
  • Single Family Residence
  • Built 1921
  • Lot 12,632.4 sq ft
  • 3,301 sq ft total
  • 6 garage spaces
  • Broward County
  • MLS# A11410380
  • Resub
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About this home

Incredible investment opportunity on this 12,721 sqft RD-15 zoned parcel in Fort Lauderdale, Florida! With a maximum density of 15 units per acre, this property allows for a potential total of 4.375 units. Imagine the possibilities for development and future growth on this spacious lot. The prime location and zoning designation make it an ideal choice for maximizing the highest and best use. Don't miss out on the chance to capitalize on this rare find and unlock the full potential of this property. Act now and seize the opportunity to create a profitable venture in a thriving community! Rare opportunity in Fort Lauderdale! This RD-15 zoned lot allows for various SFR & duplex configurations. Replatting into two 6k+ sf lots may be feasible (consult land attorney). Preliminary study suggest highest and best use includes a duplex with 2-car garages, plus an L-shaped SFR layout or two duplexes . Duplexes approx. 2000 sf each, SFR approx. 2800 sf on 2 floors + potential 3rd floor or . Exciting design potential due to setbacks. Don't miss this chance to create a lucrative development in a sought-after water front location just a few minutes to Las Olas!

Features

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Elite Broker House · annicktimmer@gmail.com · Listing agent: Sonjah Annick Timmer

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Thinking of Selling Nearby?

501 SW 6th Avenue sold on Aug 2, 2023. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home at Sixth & Rio with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Fort Lauderdale. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 501 SW 6th Avenue

What did 501 SW 6th Avenue sell for?
501 SW 6th Avenue sold for $1,500,000 on Aug 2, 2023, about 101% of its last asking price of $1,485,000 and about $635 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 501 SW 6th Avenue?
The listing reported annual property taxes of $20,541 for 2022. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 501 SW 6th Avenue built?
501 SW 6th Avenue was built in 1921. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 501 SW 6th Avenue on the market?
501 SW 6th Avenue was on the market for 17 days before it sold.
Is 501 SW 6th Avenue waterfront?
Yes. The listing described the water as no fixed bridges.
Is 501 SW 6th Avenue still for sale?
No. 501 SW 6th Avenue sold on Aug 2, 2023. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable home, 11 Tam O'shanter Lane, Fort Lauderdale, FL 33308, sold for $1,460,000 in November 2026. Fort Lauderdale neighborhoods include Coral Ridge Country Club and Victoria Park. Nearby ZIP codes include 33301 and 33304. This property also neighbors Lazy Lake, Wilton Manors, and Oakland Park. Compare it with the Fort Lauderdale housing market report.