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11 11th Avenue
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PRICED AT ONLY: $1,395,000

Address: 11 11th Avenue, Fort Lauderdale, FL 33312

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 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 Lauderdales most unique and historic neighborhoods.

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More Like This
  • MLS#: F10519002 ( Residential Income )
  • Street Address: 11 11th Avenue
  • Viewed: 106
  • Price: $1,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1922
  • Bldg sqft: 0
  • Days On Market: 276

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 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 Lauderdales most unique and historic neighborhoods.
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Features
Building and Construction
  • Fencing: Wood
  • Flooring: Tile, Vinyl
  • Roof: Metal
Land Information
  • Lot Features: Oversized Lot
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Separate Meters, Central, Electric
  • Pets Allowed: Yes, No Restrictions
  • Road Frontage Type: West of US-1
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Water
Other Features
  • Legal Description: WAVERLY PLACE 2-19 D LOT 1 THRU 5, 6 E 5 & S1/2 VAC ALLEY ABUTTING SAID LOT BLK 124
  • Levels: One
  • Parcel Number: 504209092420
  • Views: 106
  • Zoning Code: RMM-25
Nearby Subdivisions
Avon Heights   Avon Park 1st Add 51-45 B   Breezyway Manor Add   Breezyway Manor Add 29-1   Breezyway Manor Second Add   Brendale Heights   Bryan   Bryan Sub   Brysa Park 8-45 B   Chula Vista   Chula Vista 1st Add   Chula Vista 1st Add 23-21   Chula Vista 3rd Add   Chula Vista First Add Rev   Davie Boulevard Park   Davis Isles   Davis Isles 29-19 B   Edgewater Manor   Fairfax Brolliar   Fairfax Brolliar Add   Fairfax Brolliar Add Sec   Fairfax Brolliar Add Sec 5   Fairmont   Flamingo Park Sec   Gill Isles   Gill Isles 44-13 B   Gillcrest   Griffin Living Pb 183-556   Holland Sub 23-40 B   Holland Sub No 2   Jacaranda Heights   Key North   L H Bryans   La Beau Acres 2   La Beau Acres First   Last Chance Village   Lauderdale Isles   Lauderdale Isles 2 33-20   Lauderdale Isles No 2   Lauderdale Isles No 2-blk 7   Mandalay   Maple Ridge 167-38 B   Marshalls Everglades Sub   Melrose Manor   Melrose Park   Melrose Park Estates   Melrose Park Sec 5   Melrose Park Sec 7   Melrose Park Sec 8   Melrose Park Section 3   Midland   Midland 1st Add   Midland 1st Add 40-13 B   Midland 38-25 B   N/a   Park Plaza   Park Plaza 48-39 B   Pearl Estates   Preserve At Emerald Hills   Ravenswood Estates & Mari   Ravenswood Estates & Marina   Ravenswood Estates & Marinas   Ravenswood Gardens   Ravenswood Gardens 89-43   Ravenswood North   Ravenswood North 108-45 B   Reed Land Co Sub 2-32 D 3   Relland Park   River Highlands 10-3 B   River Lands 1912 B   River Lanes 22-24 B   River Lanes 22-24 B Pt   Riverland   Riverland Manors   Riverland Village   Riverland Village Sec 1 Rev   Riverland Village Sec 1-replat   Riverland Village Sec One   Riverside   Riverside 2 1-104 D   Riverside Add Amd 1-13 B   Riverside Add Amen Plat   Riverside Estates 2nd Revision   Riverside Estates Add Rev   Riverside No 2   Riverside No 3   Riverside Park   Riverside Park 7-24 B   Riverside Park Add Amen P   Rohan Acres Replat Lots 7   Sailboat Bend   Shady Banks   Shady Banks & Lauderdale Isles   Shady Banks On New River   Sherwood Forest 30-28 B   South Fork Estates 55-2 B   Stirling Oaks Estates   Stirling Oaks Estates 77-   Stratoliner Estates   Tropical Point No 2   Village At Sailboat Bend   Waverly Place   Waverly Place 2-19 D   Waverly Place 2-19 D Lot 5,6 B   Westwood Heights 6-34 B   Woodland Park Amd 29-18 B   Woodland Park Amd Plat  
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  3. Mobile: 904.248.9848
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