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11 SW 11th Avenue, Fort Lauderdale, FL, 33312

2beds
3baths
2,480sqft
$1,395,000
$563price/sqft
$9,991/moest. monthly cost
$399,640/yrincome needed

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.

Getting Around

75
WalkingVery Walkable
51
TransitGood Transit
58
BikeBikeable

Schools

4/10
5/10
New River Middle SchoolGrades 6-82.9 mi
5/10
Stranahan High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1922

Materials

  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family,Single Family Residence

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3

Features

  • Window features: Storm Window(s)
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central,Electric,Separate Meters
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 2,480 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 504209092420
  • Zoning: RMM-25
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Fencing: Wood
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 0.36 Acres
  • Features: Corner Lot,Oversized Lot,1/4 to 1/2 Acre Lot,Sprinklers Automatic
  • Lot size dimensions: 15600

Parking

  • Total spaces: 6