Fort Lauderdale, FL 33312,11 SW 11th Ave
Fort Lauderdale, FL 33312,11 SW 11th Ave
Fort Lauderdale, FL 33312,11 SW 11th Ave
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$1,495,000
Est. payment /mo
0.36 Acres Lot
New

11 SW 11th Ave Fort Lauderdale, FL 33312

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Key Details

Property Type Commercial

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Waverly Place 2-19 D

MLS Listing ID F10518998

Total Fin. Sqft 15600

Annual Tax Amount $10,524

Tax Year 2024

Lot Size 0.358 Acres

Property Sub-Type Residential

Property Description

Located in the heart of the desirable Sailboat Bend Historic District, this prime property offers an unparalleled investment opportunity just minutes from downtown Fort Lauderdale and the Discovery Center. Situated on more than 1/3 acre and zoned RMM-25 (Residential Multifamily Medium High Density), this site provides the flexibility to expand and capitalize on its full potential.

Currently, the property features two charming income-producing cottages generating $3,600/month in rental income. With the potential to add 5+ additional multi-level units, this property presents a rare chance for a developer or private owner to create a boutique multifamily development in one of Fort Lauderdale's most unique and historic neighborhoods.

Location

State FL

County Broward County

Area Ft Ldale Sw (3470-3500;3570-3590)

Zoning RMM-25

Exterior

Utilities Available Cable Tv, Electric, Gas, Sewer, Trash Removal, Water

Building

Lot Description Less Than 1 Acre

Sewer Public Sanitation

Water Municipal Water

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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BeachesMLS Matrix (RAPB-F prefix)
Listed by LoKation

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agent

Jon Carroll

Agent | SLSL3302123

+1(772) 633-1852

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11 SW 11th Ave