About 615-619 Nw 11th Avenue
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.
Features of 615-619 Nw 11th Avenue
| MLS® # | A12090145 |
|---|---|
| Price | $1,500,000 |
| Square Footage | 3,443 |
| Year Built | 1953 |
| Type | Multi-Family |
| Sub-Type | Quadruplex |
| Status | New |
Community Information
| Address | 615-619 Nw 11th Avenue |
|---|---|
| Area | 3460 |
| Subdivision | PROGRESSO |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33311 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None, Separate Meters |
|---|---|
| Cooling | Ceiling Fan(s), Wall/Window Unit(s) |
| # of Stories | 1 |
Exterior
| Roof | Flat, Tile |
|---|
School Information
| Elementary | Sunland Park Academy |
|---|---|
| Middle | Sunrise |
| High | Fort Lauderdale |
Additional Information
| Zoning | RMM-25 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lifestyle International Realty |
|---|