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
Subtype
Duplex
County
Broward
Subdivision
Waverly Place 2-19 D
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

Pets Allowed
No Pet Restrictions, Yes
Construction
Frame
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile, Vinyl
Heating
Central, Electric, Separate Meters
Roof
Metal
Taxes
$10,524
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View
Garden
Stories
1
Acres
0.36
Price Per Sqft
$562

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Calculator source: Real Geeks

Listing Courtesy Of LoKation, Contact: