11 SW 11th Ave Fort Lauderdale, FL 33312
Sailboat Bend NeighborhoodEstimated payment $9,062/month
Highlights
- 0.36 Acre Lot
- Corner Lot
- 5-minute walk to Major William M. Lauderdale Park
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,524
Lot Details
- 0.36 Acre Lot
- Corner Lot
- Paved or Partially Paved Lot
- Property is zoned RMM-25
Utilities
- Cable TV Available
Community Details
- Waverly Place 2 19 D Subdivision
Listing and Financial Details
- Assessor Parcel Number 504209092420
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $10,524 | $480,150 | -- | -- |
2024 | $9,351 | $480,150 | -- | -- |
2023 | $9,351 | $396,820 | $0 | $0 |
2022 | $8,123 | $360,750 | $0 | $0 |
2021 | $7,466 | $327,960 | $0 | $0 |
2020 | $6,820 | $325,990 | $85,800 | $240,190 |
2019 | $6,131 | $341,050 | $46,800 | $294,250 |
2018 | $5,264 | $289,840 | $46,800 | $243,040 |
2017 | $4,743 | $224,010 | $0 | $0 |
2016 | $4,468 | $203,650 | $0 | $0 |
2015 | $4,081 | $185,140 | $0 | $0 |
2014 | $935 | $46,800 | $0 | $0 |
2013 | -- | $55,750 | $46,800 | $8,950 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/11/2025 08/11/25 | For Sale | $1,495,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Personal Reps Deed | -- | Attorney | |
Warranty Deed | $50,000 | None Available | |
Warranty Deed | $125,000 | -- | |
Personal Reps Deed | $20,500 | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10518998

APN: 50-42-09-09-2420
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