11 SW 11th Ave - Commercial LAND FOR SALE


Fort Lauderdale, FL 33312- Sailboat Bend15,682 SF
$1,495,000 USD
954-818-2936
11 SW 11th Ave, Fort Lauderdale, FL for Sale
$1,495,000 USD
Commercial LAND - FOR SALE
1/45
15,682 SF

11 SW 11th Ave
Fort Lauderdale, FL 33312
Sailboat Bend


HIGHLIGHTS

  • Greater than 1/3 acre lot and zoned RMM-25!
  • Potential to add 5+ additional multi-level units!
  • Located in the heart of the desirable Sailboat Bend Historic District!

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/ACRE

$4,152,672/AC

PRICE/SF

$95 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Waverly Place/Sailboat Bend Lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.36 AC

LAND SF

15,682 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Irrigation

ZONING

SFR

APN/PARCEL ID

50-42-09-09-2420

ASK ABOUT THIS PROPERTY

Lisa StephensonLoKation Real EstateMore Info
954-818-2936

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Lisa StephensonLoKation Real EstateMore Info
954-818-2936

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.