$1,495,000

Estimated payment $9,062/month

Total Views 88
0.36 Acre
$4,152,778 Price per Acre
15,682 Sq Ft Lot

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.

Listing Agent

Lisa Stephenson

LoKation License #0651548 Listed on: 08/11/2025

LoKation

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

Property Details

Property Type

Land

Est. Annual Taxes

$10,524

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Ownership: Corporation
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: <1 Acre, Corner Lot
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 504209092420
  • Current Use: Other
  • Lot Size Acres: 0.36
  • Lot Size: 15600
  • Lot Size Sq Ft: 15600.0
  • Zoning Description: RMM-25

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10524.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $1,495,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10518998

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-09-09-2420