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Investment Highlights

  • 60' X 143', 8580 square foot Lot
  • No HOA, Flood Zone X
  • Zoned RML-25, up to 4 3-story Units Allowed

Executive Summary

HIGHLIGHTS
• Zoning: RML 25 (Residential Multifamily Low Rise/Medium Density)
• Lot Size: 8,580 sq ft (60'x143')
• Supports up to 4 units under current zoning
• Conceptual 4 unit site plan available for a Luxury Carriage House Complex (2 units each on 2nd and 3rd floors, over a 7 Car Garage)
• Active redevelopment corridor with new townhomes nearby
• Minutes to Las Olas, downtown, beaches, airport, convention center, and marina
• Ideal for townhome or multifamily infill development
• End buyer controlled sale — no assignments
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DESCRIPTION
Prime opportunity to acquire an 8,580 sq ft RML 25 zoned redevelopment site in one of East Fort Lauderdale’s most active infill corridors. This property is surrounded by new construction townhomes and multifamily projects, making it an ideal location for builders and developers seeking a clean, straightforward land value play.
The lot supports up to four units under current zoning, and the seller has preliminary conceptual plans illustrating a potential 4 unit Carriage House redevelopment project. These plans can be shared with qualified end buyers upon request.
The existing home is functional/habitable/owner occupied, but the highest and best use is redevelopment. The site offers excellent access to Las Olas, downtown, convention center, beaches, airport, and major transportation routes, east of Federal Highway in the Rio Vista/Lauderdale Harbors/Harbordale Area.
This is a rare chance to secure a well-located infill parcel in a proven redevelopment zone.
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WHY THIS SITE WORKS
Proven Redevelopment Corridor
The neighborhood is already transitioning from older single family homes to modern townhomes and multifamily projects. This reduces risk and increases predictability for new construction.
RML 25 Zoning with Real Density, Flood X, No HOA
The lot supports up to four, 3-story units (up to 35ft high, with additional 3rd floor side setbacks), and conceptual plans are available. Developers gain immediate clarity on feasibility and density.
Efficient 8,580 SF Lot (60'x143'), with 60 ft frontage, 5 ft side setbacks (up to 22 ft high), 15 ft rear setback, 25 ft front setback
Ideal dimensions for townhomes or multifamily layouts, parking efficiency, and modern design.
High Demand East Fort Lauderdale Location
Minutes to Las Olas, downtown, convention center, beaches, and the airport — strong appeal for both end users and renters.
Strong Market for New Construction
New townhomes in the area command premium pricing, supporting both build to sell and build to rent strategies.
Clear Land Value Play
The existing structure is usable, but the site’s value is in redevelopment. Clean, straightforward, and ready for a builder.
End Buyer Controlled Sale
Direct, transparent transaction between the actual buyer and the actual owner/seller.
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Seller prefers initial contact by text/email/or direct message.
Seller does not discuss property in street, on sidewalk, or on neighboring properties.
No wholesalers, no assignments, no novations, and no third-party marketing. End buyers only.

Property Facts

Price $1,791,582 CAD
Price Per SF $851.51 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class C
Lot Size 0.20 AC
Building Size 2,104 SF
No. Stories 1
Year Built/Renovated 1953/2016
Zoning RML – 25 - Residential Low-rise Multi Family
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
50-42-14-03-0520
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$271,974 CAD
  • Listing ID: 40675582

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 902 SE 12th Ct, Fort Lauderdale, FL 33316

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