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11 11th Avenue
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PRICED AT ONLY: $1,395,000

Address: 11 11th Avenue, Fort Lauderdale, FL 33312

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 Lauderdales most unique and historic neighborhoods.

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More Like This
  • MLS#: F10518998 ( Land & Docks )
  • Street Address: 11 11th Avenue
  • Viewed: 79
  • Price: $1,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0

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 Lauderdales most unique and historic neighborhoods.
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Features
Land Information
  • Lot Features: Home
Eco-Communities
  • Water Source: Public
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available, Irrigation Water Onsite, Trash Removal
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Legal Description: WAVERLY PLACE 2-19 D LOT 1 THRU 5, 6 E 5 & S1/2 VAC ALLEY ABUTTING SAID LOT BLK 124
  • Parcel Number: 504209092420
  • Views: 79
  • Zoning Code: RMM-25
Nearby Subdivisions
Gill Isles   Lakeview Village 40-45 B   Lauderdale Isles No 2-blk   Palm Grove Acres   River Highlands   River Highlands 10-3 B   River Lands 19-12 B   Riverside No 3   Rohan Acres 22-43 B   Sailboat Bend   Shady Banks On New River   Tropical Point 2 54-27 B   Waverly Place 2-19 D  
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