Fort Lauderdale, FL, 33311
$1,300,000






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.
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Listing courtesy of Lifestyle International Realty, 305-809-8085. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.