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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 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 Lauderdales most unique and historic neighborhoods.

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  • MLS#: F10519002 ( Residential Income )
  • Street Address: 11 11th Avenue
  • Viewed: 51
  • Price: $1,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1922
  • 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 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 Lauderdales most unique and historic neighborhoods.
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Features
Building and Construction
  • Flooring: Tile, Vinyl
  • Roof: Metal
Utilities
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Separate Meters, Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Home Owners Association Fee Includes: Maintenance Grounds
  • 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: 51
  • Zoning Code: RMM-25
Nearby Subdivisions
Amended Sub Of 17-50-42 1   Avon Isles 40-31 B   Avon Park 1st Add 51-45 B   Breezyway Manor 28-18 B   Breezyway Manor Add   Breezyway Manor Add 29-1   Breezyway Manor Sec   Brendale Heights   Bryan   Bryan Sub   Bryan's Sub   Brysa Park   Chula Vista 1st Add 23-21   Chula Vista 22-7 B   Chula Vista First Add Rev   Cypress Gardens 21-12 B   Davie Blvd Park 23-6 B   Davis Isles 29-19 B   Edgewater Manor   Fairfax Brolliar Add Sec   Fairmont 36-4 B   Flamingo Park   Flamingo Park Sec   Flamingo Park Sec B 37-5   Gill Isles   Gill Isles 44-13 B   Gillcrest First   Gillcrest First Add   Griffin Living Pb 183-556   Hemingway At Sailboat   Holland Sub 23-40 B   Hoosier Heights 26-47 B   Jacaranda Heights   Key North   La Beau Acres 2   La Beau Acres First   La Beau Acres Fourth Unit   Labeau Acres   Lakewood Villas 76-18 B   Lauderdale Isles   Lauderdale Isles 2 33-20   Lauderdale Isles 2 35-32   Lauderdale Isles 2 35-33   Lauderdale Isles No 2   Mandalay Apartments   Maple Ridge   Marshalls Everglades Sub   Melrose Manor   Melrose Park   Melrose Park Sec 1 27-6 B   Melrose Park Sec 2   Melrose Park Sec 3 29-28   Melrose Park Sec 4   Melrose Park Sec 4 29-48   Melrose Park Sec 5 35-49   Melrose Park Sec 6 Green   Melrose Park Sec 8   Melrose Park Sec 8 39-36   Midland 1st Add 40-13 B   Midland 38-25 B   Palm Grove Acres 30-38 B   Palmview Terrace   Park Plaza 48-39 B   Pearl Estates 40-42 B   Ravenswood Estates & Mari   Ravenswood North 108-45 B   Reed Land Co Sub 2-32 D 3   River Highlands 10-3 B   River Landings   River Lands   River Lanes 22-24 B Pt   Riverland Manors   Riverland Village Sec One   Riverside   Riverside 2 1-104 D   Riverside 3 7-17 B   Riverside Add Amd 1-13 B   Riverside Add Amen Plat   Riverside No 2   Riverside No 3   Riverside Park 7-24 B   Rohan Acres   Rohan Acres Rep   Sailboat Bend   Seminole Park Sub 24-32 B   Shady Banks   Shady Banks & Lauderdale   Shady Banks On New River   Sheldon 174 29 B   South Fork Estates   South Fork Estates 55-2 B   Stirling Oaks Estates   Stirling Oaks Estates 77-   Tropical Point No 2   Valentines Sub B-29 D   Waverly Place 2-19 D   Whispering Oaks   Whispering Oaks 183-173 B   Woodland Park Amd 29-18 B  
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