Interior
- Bathrooms
- 0
- Living area
- 2,480 sq ft
- Flooring
- Tile, Vinyl
- Cooling
- Central Air, Ceiling Fans, Electric
- Heating
- Central, Electric
11 SW 11th Avenue, Fort Lauderdale, FL 33312
Duplex · Active
$1,395,000
Miami Real Estate Listings & Homes for Sale
11 SW 11th Avenue, Fort Lauderdale, FL 33312
- Bedrooms
- —
- Bathrooms
- 0
- Interior
- 2,480 sq ft
- Price / sq ft
- $563/sq ft
- Built
- 1922
- Lot
- 15,600 sq ft
The residence
Located in the heart of the desirable Sailboat Bend Historic District, this prime property offers an unparalleled investment opportunity just minutes from downtown Fort Lauderdale and the Discovery Center. Situated on approximately 1/3 acre and zoned RMM-25 (Residential Multifamily Medium High Density), this site provides the flexibility to expand and capitalize on its full potential.Currently, the property features two charming income-producing cottages generating $3,600/month in rental income. With the potential to add 5+ additional multi-level units, this property presents a rare chance for a developer or private owner to create a boutique multifamily development in one of Fort Lauderdale’s most unique and historic neighborhoods.
Property location
Get Directions11 SW 11th Avenue, Fort Lauderdale, FL 33312
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1922
- Stories
- 1
- Lot size
- 15,600 sq ft
- Architectural style
- One Story
- Roof
- Metal
- Construction
- Frame, Stucco
- Pool
- None
- View
- Garden
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $10,524
- Subdivision
- Waverly Place 2-19 D
- County
- Broward
- Days on market
- 436
- MLS listing ID
- F10519002
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$834
- Cap rate
- 5.0%
- Net yield
- 5.0%
- Cash-on-cash return
- -2.6%
- Gross yield
- 7.1%
- Mortgage payment
- $6,613/mo
- Down payment
- $348,750
- Loan amount
- $1,046,250
- Annual NOI
- $69,351
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.