Unimproved Land in 11 SW 11th Avenue, Fort Lauderdale, FL 33312 for sale with MLS# F10518998

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.

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Days on the market

11 SW 11th Avenue, Fort Lauderdale, FL 33312

Price
Price:
$1,395,000.00
Original List Price:
$1,495,000.00
List Price per Sq Ft (Calculated, Approx.):
$89.42
Business Info
Gross Scheduled Income:
3600
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
December 27, 2025 12:05 am
Other Special Conditions:
City Jurisdiction
Measures
Lot Area:
15,600 Sqft
Lot Size Dimensions and Info:
15600
Lot Size Unit:
Acres
Lot Features:
Home
Lot Size Acres:
0.36
Property Features
Waterfront:
No
Current Use:
Other
Road Responsibility:
Public Maintained Road
Construction
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$10,524.00
Tax Year:
2024
Tax Assessed Value:
$609,790.00
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Available, Sewer Available, Water Available, Trash Removal, Irrigation Water Onsite
Water Source:
Public
Community
Subdivision Name:
Waverly Place 2-19 D
Senior Community:
No
Terms
Documents Available:
Aerial
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
WAVERLY PLACE 2-19 D LOT 1 THRU 5,6 E 5 & S1/2 VAC ALLEY ABUTTING SAID LOT BLK 124
Real Estate Folio Number (Parcel Number):
504209092420
Zoning:
RMM-25
Listing History
Active on the market since:
August 11, 2025
Listing Agreement executed on:
August 11, 2025
Price change occurred on:
December 27, 2025 12:05 am
Listing Status Last Changed On:
August 11, 2025 6:20 pm
Photos updated on:
January 7, 2026 5:26 pm
Last Modified:
April 9, 2026 3:09 am
Additional Information
Courtesy of:
LoKation
Attribution:
Not provided
Location
Street Name:
11th
Street Number:
11
City:
Fort Lauderdale
State:
Florida
Zip Code:
33312
County:
Broward
Latitude:
N26° 7' 17.1''
Longitude:
W81° 50' 36.7''
Street Suffix:
Avenue
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $77,644
Median Home Value $397,800
Median Rent $1,566/mo
Median Age 40
Population 53,547

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Association of REALTORS®
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