615 SW 16th StreetFort Lauderdale, FL 33315Price: $659,999

  • Price: $659,999
  • Est. Mortgage of $/month
  • 2 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $659,999List Price
*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.

Property Details of 615 SW 16th Street

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by KEVIOUS DOUGLAS,LLC of RICHARD PETERS REALTY LLC (352-448-9712)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 6, 2026 9:02 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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