11 Sw 11th Avenue, Fort Lauderdale, FL 33312

$1,395,000

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List Price
$1,395,000
Status
ACTIVE
Days on Market
398
MLS#
F10518998
Subtype
Commercial Land
Style
Unimproved Agri/Recreatn/Moblhome
Lot Size
15,600
Acres
0.36
Subdivision
Waverly Place 2-19 D
Building Name
Waverly Place 2-19 D

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 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 Lauderdale’s most unique and historic neighborhoods.

Additional Information

Exterior Features
West Of Us1
Taxes
$10,524
Community Features
Waverly Place 2-19 D
Property Description
Unimproved Agri/Recreatn/Moblhome
Zoning
RMM-25
View
Garden

Listing Courtesy of LoKation, Contact:

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