Commercial property in Fort Lauderdale, Florida 319.86 sq.m. № 2377120

Commercial property in Fort Lauderdale, Florida 319.86 sq.m. № 2377120
ID2377120 $ 1 500 000
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2377120

Property description

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.
MLS #: A12090145
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CityFort Lauderdale
Address615-619 NW 11th Ave, Fort Lauderdale FL 33311
TypeCommercial property
Living space319.86 m²
  • m²
  • sq. ft
Completion dateIV quarter, 1953
Parking places12
Price
  • Price
  • per m²
$ 1 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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