Fort Lauderdale Multifamily Redevelopment
1111 SW 4th St, Fort Lauderdale, FL 33312
Income-producing 12-unit property with redevelopment potential in Sailboat Bend.
Type:Multifamily
Property size:
7,839 SFLot size:
0.40 AcresPrice / SF:
$375/SF- Added:
- Mar 11, 2026
- Days on Market:
- 82
- Last Refresh:
- Mar 19 at 10:20 pm
Property Features for 1111 SW 4th St
General Information
- Standard status
- Active
- Size
- 7,839 SF
- Lot size
- 0.40 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1976
Listing agent Melina Grinberg License #3366071
Listing office Miami Connections Realty LLC
Listing date Mar 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Miami Connections Realty LLC
HighLights
- Prime location in the desirable Sailboat Bend area of Fort Lauderdale, minutes from Downtown, Las Olas, and major transportation.
- Significant redevelopment potential due to RML‑25 zoning and Medium‑High Density Future Land Use designation, allowing for various residential typologies.
- Existing 12‑unit multifamily building provides immediate cash flow as an income‑producing asset.
- Large 17,499 SF (0.40 acres) lot size offers ample space for potential expansion or redevelopment.
- Zoning and Future Land Use are aligned, providing clarity and stability for long‑term redevelopment plans.
- Value‑add upside through renovation, repositioning, or strategic redevelopment of the existing property.
Overview
Located in the Sailboat Bend area of Fort Lauderdale, this multifamily property presents an opportunity for investors. The 17,499 square foot (0.40 acre) lot is zoned RML-25 with Medium-High Density Future Land Use, offering redevelopment clarity. Currently, the property features a 7,839 square foot, 12-unit multifamily building constructed in 1976, which is actively operating as an income-producing asset. The existing improvements provide immediate cash flow potential with value-add upside through renovation, repositioning, or strategic redevelopment. RML-25 zoning allows up to 25 units per acre. Density calculations indicate approximately 10 units by right on a 0.40-acre lot; however, the existing 12-unit configuration may benefit from legal non-conforming or grandfathered status based on original approvals. Permitted typologies under RML-25 include multifamily, duplex, townhouse group, cluster dwellings, zero lot line, and hotel use (where applicable). The property is located within the NDCR Overlay and FEMA AE flood zone (BFE 6 ft). The location is minutes from Downtown Fort Lauderdale, Las Olas, major transportation corridors, and ongoing redevelopment activity. This property is suited for investors seeking stabilized income with long-term redevelopment optionality.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.156311
- Latitude
- 26.1179186
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Income-producing 12-unit property with redevelopment potential in Sailboat Bend.
Where is this apartment building located?
The property is located at 1111 SW 4th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,940,000.
What are key features of this property?
This property features: Prime location in the desirable Sailboat Bend area of Fort Lauderdale, minutes from Downtown, Las Olas, and major transportation.; Significant redevelopment potential due to RML‑25 zoning and Medium‑High Density Future Land Use designation, allowing for various residential typologies.; Existing 12‑unit multifamily building provides immediate cash flow as an income‑producing asset.
