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.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33311
- Street:
- 615-619 Nw 11th Ave, Fort Lauderdale, Florida 3331
- Longitude:
- W81° 50' 33.3''
- Latitude:
- N26° 9' 45.3''
- Building Area:
- 3,443 Sqft
- Cumulative DOM:
- 37
- DOM:
- 37
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 494234079030
- Subdivision Name:
- PROGRESSO
- Tax Annual Amount:
- $19,120
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
615-619 Nw 11th Ave, Fort Lauderdale, Florida 3331, Fort Lauderdale, Florida 33311
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,300,000
- Square Footage :
- 3,443 Sqft
- Year Built :
- 1953
- MLS # :
- A12090145
