For sale
$1,299,000
Photo 1 of 6$1,300,000
Price reduced615-619 NW 11th Ave, Fort Lauderdale FL 33311
3,443 sq ftBuilt 1953MLS# A12090145
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About this property
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.
Property details
- Property type
- Multi-family
- Year built
- 1953
- Living area
- 3,443 sq ft
- Price per sq ft
- $378
- Property taxes
- $19,120/yr
- Parking
- 12 spaces
- Building / community
- Progresso
- Status
- Price reduced
- MLS #
- A12090145
