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

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List Price
$1,300,000
Days on Market
51
Price Change
▼ $100,000 1792801412
MLS#
A12090145
Year Built
1953
Living Area
3,443
MLS Area Major
3460

Property Description

MULTIFAMILY INVESTMENT OPPORTUNITY - 8-PLEX!!!!615–619 NW 11th Ave | Fort Lauderdale, FL 33311Excellent 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 1953RMM-25 multifamily zoning/Live Locally BonusesIdeal for: Multifamily investors, value-add investors, and developers looking for an established Fort Lauderdale property with multifamily zoning.

Additional Information

Taxes
$19,120
Zoning
RMM-25
Utilities
Cable Available
Heating
None, Separate Meters
Air Conditioning
Ceiling Fan(s), Wall/Window Unit(s)
Roof
Flat, Tile
Foundation
Slab
Elementary School
Sunland Park Academy
Middle School
Sunrise
High School
Fort Lauderdale

Listing courtesy of Lifestyle International Realty. Contact:

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