11 SW 11th AVE, Fort Lauderdale, FL 33312
11 SW 11th AVE, Fort Lauderdale, FL 33312
11 SW 11th AVE, Fort Lauderdale, FL 33312
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David Cohen

David Cohen

+1(305) 733-2218
$1,395,000
Est. payment /mo
0.36 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Waverly Place 2-19 D

MLS Listing ID F10518998

HOA Y/N No

Annual Tax Amount $10,524

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Unimproved Land

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 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.

Location

State FL

County Broward

Area 3470

Zoning RMM-25

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

Water Access Desc Public

View City, Garden

Present Use Other

Street Surface Paved

Road Frontage City Street

Building

Lot Description Corner Lot, Residential Lot, 1/4 to 1/2 Acre Lot

Sewer Public Sewer

Water Public

Others

Restrictions City Restrictions

Tax ID 504209092420

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Special Listing Condition Standard

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BeachesMLS, Inc. (FLR) IDX
Listed by Lisa P Stephenson LoKation

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David Cohen
David Cohen

REALTOR® Associate License ID: SL3237271

+1(305) 733-2218 | davidcohenrealty@gmail.com

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