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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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11 SW 11th Ave , Fort Lauderdale, FL 33312
$1,395,000
Est. Payment: $3,100.00/mo
2 Bed
3 Bath
2480 Sqft
Status: Active | Days on site: 403
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FLL802518 - FLL278005036
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House 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 Lauderdale’s most unique and historic neighborhoods.

Highlights

Listed by Lisa P Stephenson , 954-818-2936 LoKation , 954-545-5583.

Property Type

Multi-Family

Lot/Acreage
0.36

Year Built

1922

County

Broward

Area

3470

Neighborhood

Waverly Place 2-19 D

Listing ID

F10519002

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:
Air Cond:Central Air,Ceiling Fan(s),Electric
Fireplaces:
Floor:Tile,Vinyl
Water:Public

Exterior Features

Lot:<1 Acre,Corner Lot,Oversized Lot,1/4 to 1/2 Acre Lot,Sprinklers Automatic
Zoning:RMM-25
Roof:Metal
Sewer:Public Sewer
Principal Interest
$3,100
Taxes
$877

Home Price

$1,395,000

Loan Details

30 yrs
%

Down Payment

20%
$279,000
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Monthly Price:
$3,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,100.00 $877.00 $0.00 $3,977.00
Yearly $37,200.00 $10,524.00 $0.00 $47,724.00
Total $1,116,000.00 $315,720.00 $0.00 $1,431,720.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.