Sold Jul 17, 2026
$1,425,000About 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 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 last checked: Listing updated:
Listed by Lisa P Stephenson · LoKation · MLS #F10518998
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities4 property facts
- Lot size
- 0.36 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RMM-25
Financial2 property facts
- Annual taxes
- $10,524
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $1,395,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,931 / monthAdjust
- Principal & interest
- $7,054
- Property tax
- $877
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,524. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$2,100 · Apr 22, 2026
- New
$2,149,000 · Apr 14, 2026
- Lsd
$9,900 · Sold $9,000 · Apr 11, 2025
More property insights
Comparable properties 3 supplied
Sold Aug 10, 2026
$1,300,00013600 SW 107th Avenue
Sold Aug 1, 2026
$1,275,0002970 Greenbriar Boulevard
Explore more of Fort Lauderdale
Continue your search in Fort Lauderdale.
Need help making sense of this home?
About 11 SW 11th Avenue
Can I request a private showing?
Request a tour of 11 SW 11th Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.