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11 Sw 11th Avenue, Fort Lauderdale, FL 33312

$1,395,000

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List Price: $1,395,000
MLS#: F10518998
Lot Size: 15,600
Subtype: Agriculture
County: Broward
Community: Waverly Place 2-19 D
Subdivision: Waverly Place 2-19 D

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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.

954-557-5993

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Additional Information

Status Label: ACTIVE
Lot Description: Corner Location, Corner Lot, 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre, West Of US 1, Home, In Residential Area
Taxes: $10,524
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Irrigation Water, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
View: Garden
Acres: 0.36