$1,400,000

615-619 NW 11th Ave, Fort Lauderdale, FL 33311

Sq.Ft.

3,443

Property Description

MULTIFAMILY INVESTMENT OPPORTUNITY - 8-PLEX!!!!

615-619 NW 11th Ave | Fort Lauderdale, FL 33311

Excellent opportunity to acquire a two side by side four-unit multifamily property (with detached coin-operated laundry facility) in Fort Lauderdale's Durrs neighborhood. The property consists of approximately 3,443 square feet of building area situated on a generous 16,875-square-foot lot (0.39 acres). Built in 1953, the property offers an established multifamily configuration with potential for an investor seeking income-producing real estate in an established Fort Lauderdale location.
GROSS RENTS TOTAL $110,000 (8 UNITS)
The property is zoned RMM-25 (Residential Multifamily Mid Rise/Medium High Density), AND QUALIFIES FOR LIVE LOCALLY DENSITY BONUS, subject to applicable City of Fort Lauderdale requirements and approvals.

Approximately 16,875 SF / 0.39-acre lot.
Built in 1953
RMM-25 multifamily zoning/Live Locally Bonuses

Ideal for: Multifamily investors, value-add investors, and developers looking for an established Fort Lauderdale property with multifamily zoning.

Overview

Property Status

For Sale

MLS ID

A12090145

Property Type

Multi-Family

Year Built

1953

Are you interested?

Schedule a Tour

or

Lawrence Resnick

(305) 318-9346 [email protected]

Features & Amenities

Total Area

3,443 Sq.Ft.

Neighborhood

Broward County

Architecture Styles

Attached

Stories

1

Roof

Flat Tile

Lot Features

1/2 To Less Than 3/4 Acre Lot

Heat Type

None

Air Conditioning

Ceiling Fan(s), Wall/Window Unit(s)

Sewer

Public Sewer

Sales Price

$1,400,000

Real Estate Tax

$19,120/yr

Zoning

RMM-25

Single-story buildings with palm trees beside a small parking lot.

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for your interest in 615-619 NW 11th Ave, Fort Lauderdale, FL 33311

615-619 NW 11th Ave

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Open-plan living room and kitchen with beige sectional sofas, dark cabinetry, and glass doors to a planted courtyard.

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