Luxury home — 1518 NE 11th Street · Progresso · Fort Lauderdale
$569,900
1518 NE 11th Street, Fort Lauderdale, FL 33304
Fort Lauderdale, FL, 33304
— bd · — ba · — sqft
Listed by One Sotheby's International Realty
1518 NE 11th Street, Fort Lauderdale, FL 33304
Listed by One Sotheby's International Realty
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Know your costs before you buy
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
Find similar homesExceptional development opportunity in the highly desirable Lake Ridge neighborhood of Fort Lauderdale! This vacant residential lot offers the flexibility to build either a custom single-family home or two townhomes, making it an ideal investment for builders, developers, or end users seeking a prime location.Situated on a quiet street surrounded by established homes and new construction, this property is just minutes from the beach, Las Olas Boulevard, Downtown Fort Lauderdale, Holiday Park, shopping, dining, and major transportation routes.Lake Ridge continues to be one of Fort Lauderdale's most sought-after neighborhoods, known for its central location, strong property values, and ongoing redevelopment. Whether you're planning a luxury residence, income-producing townhomes, or a long-term investment, this property presents outstanding potential in the heart of Fort Lauderdale.Buyer to verify zoning, permitted uses, density, setbacks, and development requirements with the City of Fort Lauderdale.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 5%
The seller has come down from $599,900 to $569,900 — a $30,000 reduction since it came on the market.
145 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.
Property Details
Your costs (est.)
1518 NE 11th Street, Fort Lauderdale, FL 33304 · Fort Lauderdale
Location
1518 NE 11th Street, Fort Lauderdale, FL 33304
What buyers ask about this home
What are the estimated monthly carrying costs at 1518 NE 11th Street, Fort Lauderdale, FL 33304?+
Property tax (after sale): $826/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1518 NE 11th Street, Fort Lauderdale, FL 33304?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1518 NE 11th Street, Fort Lauderdale, FL 33304 need flood insurance, and what drives the premium?+
Most of Fort Lauderdale sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1518 NE 11th Street, Fort Lauderdale, FL 33304?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1518 NE 11th Street, Fort Lauderdale, FL 33304?+
This listing has been on the market 145 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Fort Lauderdale. Venice of America — 165+ miles of navigable waterways, Las Olas dining, and easy I-95 / Brightline access.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Bennett Elementary School
Elementary · 0.5 mi from this home · 1755 Ne 14Th St, Fort Lauderdale
Sunrise Middle School
Middle school · 0.5 mi from this home · 1750 Ne 14Th St, Fort Lauderdale
Fort Lauderdale High School
High school · 1.0 mi from this home · 1600 Ne 4Th Ave, Fort Lauderdale
Zone boundaries published by Broward County Public Schools.
Other options for this address
Mount Bethel Christian Academy
Elementary · Private · Christian · Grades PK–7 · Fort Lauderdale
Somerset Academy Village Charter Middle School
Middle school · Charter · Grades 6–8 · Wilton Manors
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades PK–12 · Port ST. Lucie
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades K–12 · Port ST. Lucie
The International Family Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
Lighthouse Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Oakland Park
Murl Windsor Academy At Hollywood
Pre-K & Kindergarten · Private · Grades PK–12 · Fort Lauderdale
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
Interested in this property?
$569,900 · MLS A12041906
$569,900
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