1111 SW 4Th St Fort Lauderdale, FL 33312
Property Features for 1111 SW 4Th St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.40 Acres
Building Details
- Year built
- 1976
Source:
Elliman
Listing Agent: Melina Grinberg
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Property in Sailboat Bend
Located in the Sailboat Bend area of Fort Lauderdale, this property features a 17,499 square foot (0.40 acre) lot. It is zoned RML-25 with Medium-High Density Future Land Use designation. The property is improved with a 7,839 square foot, 12-unit multifamily building constructed in 1976, currently operating as an income-producing asset. The existing improvements offer 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. It is ideal 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 building with redevelopment potential.
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: - Large 17,499 SF lot (0.40 acres) in desirable Sailboat Bend.; - RML-25 zoning with aligned Medium-High Density Future Land Use.; - Existing 12-unit multifamily building (7,839 SF) provides immediate income.
