luxury

$1,395,000

11 SW 11th Avenue, Fort Lauderdale, FL 33312

Fort Lauderdale, FL, 33312

— bd · — ba · — sqft

Listed by LoKation

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Work through the cash needed at closing, including property taxes.

Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.

About this home

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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.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 7%

    The seller has come down from $1,495,000 to $1,395,000 — a $100,000 reduction since it came on the market.

  • 458 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

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

Location

11 SW 11th Avenue, Fort Lauderdale, FL 33312

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995