Progresso Land for Sale

Progresso Land for Sale

Welcome to Progresso, a vibrant and evolving subdivision nestled in the heart of Fort Lauderdale, Florida. This charming community is perfectly positioned in Broward County, just a stone's throw away from the beautiful beaches and bustling downtown area. Known for its eclectic mix of residential and commercial properties, Progresso is rapidly becoming a sought-after destination for both homebuyers and investors alike.

Progresso offers a unique blend of urban convenience and suburban tranquility. With tree-lined streets, a growing number of trendy cafes, boutique shops, and art galleries, this neighborhood is a canvas of creativity and liveliness. The community is also home to an array of parks and recreational spaces, making it ideal for families and outdoor enthusiasts.

If you’re looking for land for sale in Progresso, you’re in luck! The area presents a fantastic opportunity for those looking to build their dream home or invest in a new development project. With a variety of parcels available, you can find the perfect lot that suits your vision, whether it’s a cozy single-family residence or a multi-family investment property.

With its strategic location, Progresso is not only a great place to live but also a promising investment opportunity. As Fort Lauderdale continues to grow and thrive, so does the potential of this dynamic community. Don’t miss your chance to be part of Progresso’s exciting future—explore the available land for sale today and start envisioning your next chapter in this flourishing neighborhood!

Newest Progresso Land for Sale

$679,850
B26033788 MLS
Rare opportunity to acquire an income producing duplex (1 Bedroom/1 Bathroom each side) with additional development capacity in Fort Lauderdale's rapidly developing Studio City at over 40% below market value. Located on NE 5th Terrace, less than one block from NE 13th Street, the property is under a 60 second walk from the heart of Studio City: Fort Lauderdale's emerging arts and entertainment district, featuring an eclectic mix of independent businesses like Gulfstream Brewing Co, Lovelee Bakeshop, Radio-Active Records and other popular neighborhood destinations. Situated at the crossroads of Flagler Village & Wilton Manors, the area offers a vibrant, walkable neighborhood experience with a youthful, creative energy often compared to early Wynwood. Surrounded by ongoing new development, the area continues to attract investors & developers who recognize its long term potential. This property should not be viewed solely as a duplex or solely as a land play; the true value is in both. The existing duplex (that has separate water & electric meters) can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 10 units, without tearing down the current structure. The included site plan shows viable layout, parking, & access. A preliminary development meeting with the city has been held; representatives from every relevant department (planning, zoning, engineering, landscape, etc) were present and confirmed that the site plan is feasible and compliant with current code and zoning regulations. Land comps:$91k-$117k per unit sold, $129k-$162k per unit active. Active & sold multifamily comps:$200k(not renovated)-$320k(fully renovated) per unit. Subject property: partially renovated duplex + 8 units of buildable land; market value ~$1.2M. 1 bed rents:$1.6k-$2.3k/mo. Build cost ~$1.2M. All in:~$2M. Projected value:$3M+ = $1M+ instant equity upon completion. Potential ~10% cap rate. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

1219 NE 5th Terrace, Fort Lauderdale

$189,000
B26027774 MLS
SHOVEL-READY in SISTRUNK Redevelopment — Permitted 2,224 SF (ICF Construction) Modern Build, Zero Wait FULLY APPROVED & PERMITTED set of construction documents (Permit BLD-RNC-24030224, issued by City of Fort Lauderdale 2,224 sq ft Single Family Home THE BUILD: Modern 2-story custom residence, 2,224 SF A/C / 2,657 SF under roof. First floor 1,054 SF + 1-car garage. Second floor 1,170 SF + open balcony. Flat parapet roof with rooftop deck accessed via prefab spiral stair. Designed to 175 mph wind Skip 12-18 months. Build now. 727 NW 10th Avenue is a turn-key entitlement package in the heart of Fort Lauderdale's fastest-changing neighborhood. The lot is owned outright, free and clear. The architectural set is fully designed, engineered, and permitted by the City of Fort Lauderdale (BLD-RNC-24030224) — civil, structural, MEP, and landscape are all approved. Pull the permit, hand the set to your contractor, and start digging. Why this matters in today's market: a buyer starting from scratch in Fort Lauderdale is looking at 12 to 18 months of design, civil engineering, and city plan review before a single shovel hits dirt — plus $60K-$90K in soft costs. This package erases that runway entirely. Carrying costs, escalation risk, and approval uncertainty all disappear. The Sistrunk story is the South Florida story right now. The City of Fort Lauderdale CRA has deployed roughly $116 million in incentives along the Sistrunk corridor in the past eight years. The Adderley (400+ units), The Arcadian ($10M CRA-backed mixed-use, just delivered), the new YMCA, Smitty's Wings, Wright Dynasty (24 units + retail), and the Aldridge / Laramore affordable mixed-use are all in or just out of the ground. More than 3,000 units have been built since 2009; another 1,018 are under construction or breaking ground this year, with 421 more approved and waiting on permits. The CRA was just extended another 10 years. Minutes to Brightline, Las Olas, downtown Fort Lauderdale, Flagler Village, and Victoria Park. The corridor sits at the intersection of active CRA investment and proximity to Fort Lauderdale's core — a long-horizon redevelopment story that rewards patient capital and an early build position. About the design: the architect (Urban Design Studio of South Florida) drew a clean, contemporary 2-story residence — 2,224 SF of air-conditioned living, 1-car garage, open kitchen / dining / family layout on the main floor, three bedrooms and a primary suite upstairs, plus a flat roof deck with a prefab spiral stair. A 47" DBH protected oak anchors the rear yard. The narrow-lot footprint (25' × 135') is what made this design challenging — and it has already been solved, engineered, and approved. A new buyer doesn't have to fight that battle. Built like a bunker, designed like a boutique home. The structural system is ICF (Insulated Concrete Forms) — solid poured-concrete walls and roof with 2.5" of EPS foam insulation on each side, creating a continuous sealed envelope. ICF homes test to 200+ mph wind resistance, qualify for Florida's strongest wind-mitigation insurance discounts (up to 50% off the wind premium), and run roughly 20-25% lower on heating/cooling cost — a meaningful monthly savings on the power bill in South Florida. And the seller's bids for the ICF shell came in at — or below — comparable CBS bids. A dedicated page later in this package walks through the numbers.

727 NW 10th Avenue, Fort Lauderdale

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