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Paradise Realty FLA
615-619 NW 11th Avenue, Fort Lauderdale, FL 33311
- $1,300,000
- 3,443
- SqFt
- List Price
- $1,300,000
- Price Change
- ▼ $100,000 1792801412
- MLS#
- A12090145
- Sq. Ft
- 3,443
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Progresso
- Region
- 3460
- Year Built
- 1953
Property Description
MULTIFAMILY INVESTMENT OPPORTUNITY - 8-PLEX!!!!615–619 NW 11th Ave | Fort Lauderdale, FL 33311Excellent opportunity to acquire a two side by side four-unit multifamily property (with detached coin-operated laundry facility) in Fort Lauderdale’s Durrs neighborhood. The property consists of approximately 3,443 square feet of building area situated on a generous 16,875-square-foot lot (0.39 acres). Built in 1953, the property offers an established multifamily configuration with potential for an investor seeking income-producing real estate in an established Fort Lauderdale location. GROSS RENTS TOTAL $110,000 (8 UNITS)The property is zoned RMM-25 (Residential Multifamily Mid Rise/Medium High Density), AND QUALIFIES FOR LIVE LOCALLY DENSITY BONUS, subject to applicable City of Fort Lauderdale requirements and approvals.Approximately 16,875 SF / 0.39-acre lot.Built in 1953RMM-25 multifamily zoning/Live Locally BonusesIdeal for: Multifamily investors, value-add investors, and developers looking for an established Fort Lauderdale property with multifamily zoning.
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Additional Information
- Heating
- None, Separate Meters
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Roof
- Flat, Tile
- Sewer
- Public Sewer
- Parking Spaces
- 12
- Flooring
- Concrete, Ceramic Tile, Laminate
- Living Area
- 3,443
- Elementary School
- Sunland Park Academy
- Middle School
- Sunrise
- High School
- Fort Lauderdale
Listing courtesy of Lifestyle International Realty. Contact: