1111 SW 4th St

Highlights:

• Lot Features: Corner Lot
• Building Features: Landscaped, Laundry Facilities, Lawn Sprinklers, Storage, Trash Chute
• Number Of Buildings: 1
• Documents Available: Contracts, Copy Of Lease(S)
• Cooling: Central Individual A/C
• Heating: Central Individual A/C
• Electric: Separate Meters
• Flooring: Tile
• Construction Materials: Concrete Block Construction
• Parking Features: Assigned, Common, Guest
• Security Features: Security Fence, Security Lights

Description:

Exceptional multifamily opportunity in the highly desirable Sailboat Bend area of Fort Lauderdale. This 17,499 SF lot (0.40 acres) is zoned RML-25 with Medium-High Density Future Land Use designation — zoning and FLU are aligned, providing long-term redevelopment clarity and stability.

The property is currently improved with a 12-unit multifamily building totaling 7,839 SF, originally built in 1976 and actively operating as an income-producing asset. The existing improvements present immediate cash flow potential with value-add upside through renovation, repositioning, or strategic redevelopment.

RML-25 zoning allows up to 25 units per acre. Density calculations indicate approximately 10 units by right on a 0.40-acre lot; however, the existing 12-unit configuration may benefit from legal non-conforming or grandfathered status based on original approvals. Buyers should independently verify redevelopment potential and density allowances.

Permitted typologies under RML-25 include multifamily, duplex, townhouse group, cluster dwellings, zero lot line, and hotel use (where applicable). Property is located within the NDCR Overlay and FEMA AE flood zone (BFE 6 ft).

Prime location minutes from Downtown Fort Lauderdale, Las Olas, major transportation corridors, and ongoing redevelopment activity.

Ideal for investors seeking stabilized income with long-term redevelopment optionality.

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Listing ID: A11966949