11 SW 11th Avenue, Fort Lauderdale, Florida, United States, 33312

1,395,000
for Sale
15,600

About the property:

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.
Property Type:
Commercial Land
Status:
for Sale
Acres:
0.36
Heating Type:
0
Is Art:
Yes
Is Cottage:
Yes
Is Investment:
Yes
Is Land:
Yes
Is Unit:
Yes
Listing ID:
F10518998

Rooms

Dimensions

Brokered by:
Lokation
Presented By: