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 approximately 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.
Listed By
Agency Name: LoKation
Agency Phone: 954-545-5583
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimated Payment
$ 4,388.54 per month $3,104.67 Principal & Interest $877.00 Property Tax $406.88 Homeowner's Insurance
11 SW 11th Avenue | MLS# F10519002
This multi-family property located at 11 SW 11th Avenue, Fort Lauderdale, FL 33312 is currently listed for sale with an asking price of $1,395,000. Search Fort Lauderdale real estate on www.realtymarkllc.com today.