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Residential Land for Sale in Fort Lauderdale, Florida

615 SW 16th St, Fort Lauderdale, FL 33315

$659,999
0.16 acres
Active sale
ago
Est $4,572/mo

*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.

Location

Street address
615 SW 16th St
Zip code
33315
Community
Alta Vista Terrace 8-31 B
Elevation
7 feet
Coordinates
26.1021, -80.1497

Directions

Heading north on I-95 N, take exit 26 for FL-736/Davie Blvd. Use the right 2 lanes to turn right onto FL-736 E/Davie Blvd. Drive 1.3 miles then turn right onto SW 4th Ave. Drive another 0.4 miles and turn right onto SW 16th St. In 0.2 miles, Destination will be on the right.

Property details

Lot size
0.16 acres6,970 sq ft
Zoning
RD-15
MLS #
MFRMLS TB8516016
Posted

Property taxes

2025
$1,479

Parcels

  • 50-42-15-29-0170

Legal description

Resources

Listing history

DateEventPriceChangeSource
June 5, 2026New listing$659,999MFRMLS
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This 0.16-acre property is located at 615 SW 16th St in Fort Lauderdale, FL 33315. The property is available for sale for $659,999.

Listed by Richard Peters Realty, (352) 448-9712

Checked 2 hours agoUpdated Source

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