Multifamily in 1111 SW 4th St Fort Lauderdale for sale with MLS# A11966949
Exceptional multifamily opportunity in the highly desirable Sailboat Bend area of Fort Lauderdale. This 17,499 SF lot (0.40 acres) is zoned RML-25 with Medium-High Density Future Land Use designation - zoning and FLU are aligned, providing long-term redevelopment clarity and stability. The property is currently improved with a 12-unit multifamily building totaling 7,839 SF, originally built in 1976 and actively operating as an income-producing asset. The existing improvements present immediate cash flow potential with value-add upside through renovation, repositioning, or strategic redevelopment. RML-25 zoning allows up to 25 units per acre. Density calculations indicate approximately 10 units by right on a 0.40-acre lot; however, the existing 12-unit configuration may benefit from legal non-conforming or grandfathered status based on original approvals. Buyers should independently verify redevelopment potential and density allowances. Permitted typologies under RML-25 include multifamily, duplex, townhouse group, cluster dwellings, zero lot line, and hotel use (where applicable). Property is located within the NDCR Overlay and FEMA AE flood zone (BFE 6 ft). Prime location minutes from Downtown Fort Lauderdale, Las Olas, major transportation corridors, and ongoing redevelopment activity. Ideal for investors seeking stabilized income with long-term redevelopment optionality.
1111 SW 4th St, Fort Lauderdale, FL 33312
- Price:
- $2,940,000.00
- Previous Asking Price:
- $3,180,000.00
- Original List Price:
- $3,180,000.00
- Lease Term:
- 12 Months
- Tenant Pays:
- Electricity
- Lease Terms / Move In Requirements:
- Annual Lease
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Corporate Listing (Corporate Owned Property)
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11966949
- Description of Last Important Update:
- Back On Market
- Last Major Update on:
- March 10, 2026 1:26 pm
- Built-Up Area:
- 7,839 Sqft
- Lot Area:
- 17,500 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Security:
- Security Lights, Fenced
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Storm Protection:
- Impact Glass
- Year Built:
- 1976
- Number of Buildings:
- 1
- Number of Units Total:
- 12
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Structure Type:
- Apartment
- Stories:
- 2
- Tax Annual Amount:
- $37,280.00
- Security Deposit Description:
- First Month Rent,Last Month Rent,Security Deposit
- Parking Total Spaces:
- 18
- Covered Spaces:
- 0
- Parking Features:
- Common, Assigned, Guest
- Electric:
- Separate Electricity Meters
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Lease, Contracts
- Listing Terms Considered by Seller:
- Cash, Assumable (The financing currently in place may be assumed)
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- WAVERLY PLACE 2-19 D LOT 19,20 BLK 108
- Real Estate Folio Number (Parcel Number):
- 504209090830
- Zoning Description:
- RML-25
- Originally published on:
- March 9, 2026 1:05 pm
- Active on the market since:
- March 9, 2026
- Price change occurred on:
- March 10, 2026 1:25 pm
- Listing Status Last Changed On:
- March 10, 2026 1:26 pm
- Photos updated on:
- March 9, 2026 5:59 pm
- Last Modified:
- March 10, 2026 6:08 pm
- Flood Zone:
- AE
- Subdivision Number:
- 9
- Courtesy of:
- Miami Connections Realty LLC
- Attribution:
- Not provided
- Street Name:
- 4th St
- Street Number:
- 1111
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33312
- County:
- Broward
- Latitude:
- N26° 7' 3.7''
- Longitude:
- W81° 50' 37.3''
- Street Direction Prefix:
- SW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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