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11 11th Avenue, Fort Lauderdale, FL 33312
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  • MLS#: F10519002 ( Residential Income )
  • Street Address: 11 11th Avenue
  • Viewed: 4
  • Price: $1,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1922
  • Bldg sqft: 0
  • Additional Information
  • Geolocation: 26 / -80
  • County: BROWARD
  • City: Fort Lauderdale
  • Zipcode: 33312
  • Subdivision: Waverly Place 2 19 D
  • Provided by: LoKation
  • DMCA Notice
  • 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
  • Zoning Code: RMM-25
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Headshot for Associate Jarrod Cruz
  1. Jarrod Cruz, ABR,AHWD,BrkrAssc,GRI,MRP,REALTOR ®
  2. Tropic Shores Realty
  3. Unlock Your Dreams
  4. Mobile: 813.965.2879
  5. Mobile: 727.514.7970
  6. jarrod.cruz@gmail.com