Listing Snapshot

List Price	$1,395,000
Price / Sq Ft	$563
Beds	0
Baths	0
Living Area	2,480 sqft
Lot Size	0.36 acres

Year Built	1922
Property Tax	$10,524/yr
MLS #	1129093866
Status	Active
Days on Market	278

About This Home

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 approximately 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.

General Features

Property Type: ResidentialIncome
Sub-type: Duplex
Stories: 1
Parking Spaces: 6
Zoning: RMM-25
Utilities: CableAvailable,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Subdivision: Waverly Place 2-19 D

Interior Features

Flooring: Tile,Vinyl
Heating: Central,Electric,SeparateMeters
Cooling: CentralAir,CeilingFans,Electric
Laundry: InUnit
Window Features: StormWindows

Exterior Features

Construction: Frame
Roof: Metal
Lot Features: CornerLot,OversizedLot,QuarterToHalfAcreLot,SprinklersAutomatic
Fencing: Wood
Pool: No
View: Garden
Waterfront: No