Progresso
$1,500,000
615-619 NW 11th Ave, Fort Lauderdale, FL 33311
3,443 sqft
Building Size
4
Units
Details:
Highlights:
- Lot Features: 1/2 To Less Than 3/4 Acre Lot
- Documents Available: Accounting Statements, Copy Of Lease(S), Rent Rolls
- Architectural Style: Attached
- Cooling: Ceiling Fan(s), Wall/Window Unit(s)
- Heating: None
- Flooring: Ceramic Floor, Concrete
- Construction Materials: Slab Construction
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.
Location
Gallery
