11 SW 11th Avenue, Fort Lauderdale, FL 33312

About This Home

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.

Property Details

Flooring

Tile, Vinyl

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Architectural Style

One Story

Building & Association

Building Name

Waverly Place 2-19 D

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot, Corner Lot, Less Than 1 Acre, Oversized Lot, West Of US 1

Lot Size Square Feet

15,600

Waterfront

No

View

Garden

Construction Materials

Frame, Frame With Stucco

Roof

Metal, Metal Roof

Exterior Features

West Of Us1

New Construction

No

Public Records

Parcel Number

504209092420

Tax Annual Amount

$10,524

Tax Year

2,024

Zoning

RMM-25

County Or Parish

Broward County

Location