615-619 NW 11th Avenue, Fort Lauderdale, Florida 33311 USA

$1,500,000  Single Family MLS® A12090145

About this Property

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.The property is zoned RMM-25 (Residential Multifamily Mid Rise/Medium High Density), which permits multifamily residential uses and provides additional development considerations for qualified buyers, subject to applicable City of Fort Lauderdale requirements and approvals.Located near Downtown Fort Lauderdale, I-95, major employment centers, shopping, restaurants, parks and Fort Lauderdale Beach, the property offers convenient access to many of the area's major destinations. Approximately 16,875 SF / 0.39-acre lot.Built in 1953RMM-25 multifamily zoningNear shopping, dining, parks and beachesPotential income-producing investment and future development opportunity, subject to zoning and municipal approvalsIdeal for: Multifamily investors, value-add investors, and developers looking for an established Fort Lauderdale property with multifamily zoning.

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