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

$1,395,000 USD

Land For Sale  •  0.36 AC

Property Details

  • Property Type Land
  • Lot Size 0.36 AC
  • Zoning SFR
51 Transit Score
75 Walk Score

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

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!

Public Transportation

Commuter RailDriveWalkDistance
2 min 16 min 0.8 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 1.8 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 13 min - 6.6 mi
Miami International 50 min - 31.8 mi
Lisa Stephenson 954-818-2936 LoKation Real Estate
Lisa Stephenson 954-818-2936 LoKation Real Estate