615-619 NW 11th Ave, Fort Lauderdale FL 33311

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.

This quadruplex home located at 615-619 NW 11th Ave, Fort Lauderdale FL 33311 is currently for sale and has been available on Brickellsold for 6 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is 3443 square feet. It was built in 1953. 615-619 NW 11th Ave, Fort Lauderdale FL 33311 is in Fort Lauderdale county Broward County.