11 SW 11th Avenue, Fort Lauderdale, FL 33312

$1,395,000
2,480
SqFt

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List Price
$1,395,000
MLS#
F10519002
Sq. Ft
2,480
Lot Dimensions
15600
Subtype
Duplex
County
Broward
Subdivision
Waverly Place 2-19 D
Region
3470
Year Built
1922

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.

Additional Information

Heating
Central, Electric, Separate Meters
Cooling
Central Air, Ceiling Fan(s), Electric
Roof
Metal
Sewer
Public Sewer
Water
Multiple Meters, Public
Parking Spaces
6
Flooring
Tile, Vinyl
Construction
Frame
Living Area
2,480
Pets Allowed
No Pet Restrictions, Yes

Listing courtesy of LoKation. Contact:

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