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 approximately 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
Listed by Lisa Stephenson
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License #0651548
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LoKation
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(954) 818-2936
Last updated August 12, 2025
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Source: BeachesMLS #FX-10519002
Listing Facts
TypeMulti-family
NeighborhoodSailboat Bend
Days on Prevu27
Taxes$10,524/year
Size2,480 sqft
Price per sqft$603
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
08/11/2025
Listed by LoKation
$1,495,000
Property Details for 11 SW 11th Ave
Association
Amenities
Community Features: Non Gated
Exterior
Construction
Number Of Units Total: 2
Property Condition: Resale
Roof: Metal
Stories: 1
Year Built: 1922
Year Built Details: Resale
Construction Materials: Frame
Measurements
Lot Features: Quarter To Half Acre Lot, Sprinklers Automatic
Lot Size Dimensions: 15,600
Financial
Taxes
Parcel Number: 504209092420
Tax Annual Amount: $10,524.00
Tax Year: 2024
Interior
Features
Flooring: Tile, Vinyl
Measurements
Living Area: 2,480
Other
Location
Subdivision Name: Waverly Place 2-19 D
Parking
Parking
Parking Total: 6
Utilities
Equipment
Cooling: Central Air, Ceiling Fans, Electric
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Sewer: PublicSewer
Utilities: Cable Available
Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.