11 SW 11th Avenue, Fort Lauderdale, FL 33312

$1,395,000

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Property Type: Land & Docks Lot Size (sq. ft.): 15,600 Status: Active

Current Price: $1,395,000 List Date: 8/11/2025 Last Modified: 7/02/2026

Overview

Description

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 more than 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.

Listing Details MLS# F10518998

General Property Information

Transaction Type: Listing For Sale
Property Sub Type: Unimproved Land
Lot Size Acres: 0.36
Lot Size Square Feet: 15600
Lot Size Dimensions: 15600
Lot Depth: 130
Gated Community YN: No
Lot Frontage: 125
Land Lease YN: No
Recreation Lease YN: No
LP/Assessed Value: 2.29
LP/SqFt: 89.42

Property Features

Comprehensive Plan Use: Central Urban; Open Land Current Use: Other Development Status: Raw Land Documents Available: Aerial; Survey Environmental Audit: None Location of Property: Corner Lot; In Residential Area Other Structures: Cottage Possession: Close Of Escrow Possible Use: Multi-Family; Residential; Single Family Sewer: Public Sewer Special Information: City Jurisdiction Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available; Irrigation Water Onsite Vegetation: Grassed View: Garden Source Of Expenses: Owner Provided Listing Terms: Cash; Conventional Lot Features: Corner Lot; Home Membership: No Membership Available Road Frontage Type: City Street; West of US-1 Road Responsibility: Public Maintained Road Road Surface Type: Paved Tax Information: Tax Reflects No Exemptions Water Source: Public Showing Requirements: Call Listing Agent Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1495000
Listing Service: Full Service
LP/Acre: 3875000
LP/Frontage: 11160

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 11
Street Direction Prefix: SW
Street Name: 11th
Street Suffix: Avenue
City Name: Fort Lauderdale
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33312
Postal Code +4: 2671
Postal Zip: 33312
Subdivision Name: Waverly Place 2-19 D
Development Name: Sailboat Bend
Area: 3470
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Parcel Number: 504209092420
Zoning: RMM-25

Financial Information

Master Association YN: No
Membership Fee Required YN: No
Tax Year: 2024
Tax Annual Amount: 10524
Tax Assessed/SOH Value: 609790
Tax Legal Description: WAVERLY PLACE 2-19 D LOT 1 THRU 5,6 E 5 & S1/2 VAC ALLEY ABUTTING SAID LOT BLK 124
Assessor Market Value: 609790
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2025-12-27T00:05:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-12-27T00:05:43Z
Status Change Date: 2025-08-11

More Information

Other Area Details

Living Area Other Structures: 1240

Zoning Details

Jurisdiction: City

Income and Expenses

Gross Income: 42000
Gross Scheduled Income: 3500
Inc/Exp Statement Period: annual
Real Estate Taxes: 10814.17

Section Details

Parcel Number MLX: 2420

Originating Details

Originating System Key: 602206222
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Special Listing Conditions

Standard: Yes

Documents Available

Aerial: Yes
Survey: Yes

Comprehensive Plan Use

Central Urban: Yes
Open Land: Yes

Current Use

Other: Yes

Development Status

Raw Land: Yes

Environmental Audit

None: Yes

Location of Property

Corner Lot: Yes
In Residential Area: Yes

Other Structures

Cottage: Yes

Possession

Close Of Escrow: Yes

Possible Use

Multi-Family: Yes
Residential: Yes
Single Family: Yes

Sewer

Public Sewer: Yes

Special Information

City Jurisdiction: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes
Irrigation Water Onsite: Yes

Vegetation

Grassed: Yes

View

City: Yes
Garden: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes
Home: Yes

Road Frontage Type

City Street: Yes
West of US-1: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Showing Requirements

Call Listing Agent: Yes

Membership

No Membership Available: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Elevation Description

0-5 Feet Above Sea Level: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Documents

multilevel unit project ›

Listing Office: LoKation

Last Updated: July - 02 - 2026

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