615-619 NW 11th Ave, Fort Lauderdale, FL 33311

About This Home

MULTIFAMILY INVESTMENT OPPORTUNITY - 8-PLEX!!!! 615–619 NW 11th Ave | Fort Lauderdale, FL 33311 Excellent opportunity to acquire a two side by side four-unit multifamily property (with detached coin-operated laundry facility) in Fort Lauderdale’s Durrs neighborhood. The property consists of approximately 3,443 square feet of building area situated on a generous 16,875-square-foot lot (0.39 acres). Built in 1953, the property offers an established multifamily configuration with potential for an investor seeking income-producing real estate in an established Fort Lauderdale location. GROSS RENTS TOTAL $110,000 (8 UNITS) The property is zoned RMM-25 (Residential Multifamily Mid Rise/Medium High Density), AND QUALIFIES FOR LIVE LOCALLY DENSITY BONUS, subject to applicable City of Fort Lauderdale requirements and approvals. Approximately 16,875 SF / 0.39-acre lot. Built in 1953 RMM-25 multifamily zoning/Live Locally Bonuses Ideal for: Multifamily investors, value-add investors, and developers looking for an established Fort Lauderdale property with multifamily zoning.

Property Details

Flooring

Ceramic Floor, Concrete

Heating

None

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Architectural Style

Attached

Building & Association

Building Name

PROGRESSO

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

1/2 To Less Than 3/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Slab Construction

Roof

Flat Tile

New Construction

No

Public Records

Parcel Number

494234079030

Tax Annual Amount

$19,120

Tax Year

2,025

Zoning

RMM-25

County Or Parish

Broward County

Location