11 SW 11th Avenue
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 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.
Broker Details
LoKation Real Estate (954) 545-5583
MLS ID: 278005036 State License Number: 0651548
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,395,000 |
| No. of Units: | 2 |
| Year Built: | 1922 |
| Lot Size: | 2,480.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $697,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 0 |
ID: 3yd-RMLSFL-F10519002
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