56111 SW 11th Avenue, Fort Lauderdale, FL 33312
$1,395,000
Property Type:
Residential Income
Square Footage:
2,480
Status:
Active
Current Price:
$1,395,000
List Date:
8/11/2025
Last Modified:
2/19/2026
Description
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 approximately 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.
More Information MLS# F10519002
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-08-11
Status: Active
Original List Price: 1495000
List Price: $1,395,000
Current Price: $1,395,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33312
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Country: United States
Street Number: 11
Street Direction Prefix: SW
Street Name: 11th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33312
Postal Code +4: 2671
Subdivision Name: Waverly Place 2-19 D
Area: 3470
Parcel Number: 504209092420
Zoning: RMM-25
Currently Not Used
Number Of Units Total: 22
General Property Information
Living Area Main: 2480
Lot Size Dimensions: 15600
Gated Community YN: No
Stories Total: 1
Pool Private YN: No
LP/Assessed Value: 2.29
Property Sub Type: Duplex
Year Built: 1922
Financial Information
Tax Assessed/SOH Value: 609790
Assessor Market Value: 609790
Tax Annual Amount: 10524
Tax Year: 2024
Tax Legal Description: WAVERLY PLACE 2-19 D LOT 1 THRU 5,6 E 5 & S1/2 VAC ALLEY ABUTTING SAID LOT BLK 124
Office/Member Information
DXORIGMLSID: FLL
Association Fee Includes
Maintenance Grounds: 1
Flooring
Tile: 1
Vinyl: 1
Property Condition
Resale: 1
Co-Ownership
Property Management YN: No
Documents Available
Copy Of Lease(s): 1
Existing Survey: 1
Rent Rolls: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Sprinkler Description
Auto Sprinkler: 1
Construction Materials
Frame: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Metal: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Showing Requirements
Call Listing Agent: 1
Restrictions
Other Restrictions: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Unit 1 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 1400
Baths Full: 1
Efficiency YN: Yes
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 512
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Window Coverings: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2200
Baths Full: 1
Baths Half: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 728
Unit 2 Lease Description
Occupant Type: Vacant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Window Coverings: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Screened Porch: 1
Price Calculations
Current Price To SqFt: 562.5
Section Details
Parcel Number MLX: 2420
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2025-12-27T00:06:03Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-12-27T00:06:03Z
Status Change Date: 2025-08-11
Originating Details
Originating System Key: 602207122
Originating System ID: M00000170
Property Features
Association Fee Includes: Maintenance Grounds
Documents Available: Copy Of Lease(s); Existing Survey; Rent Rolls
Flooring: Tile; Vinyl
Property Condition: Resale
Construction Materials: Frame
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric; Separate Meters
Listing Terms: Cash; Conventional
Possession: Close Of Escrow; Negotiable
Restrictions: Other Restrictions
Roof: Metal
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Balcony; Porch
Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups; Window Coverings
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups; Window Coverings
Unit 2 Parking Features: Open Parking
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Documents
multilevel unit project ›
Listing Office:
LoKation
Last Updated: February - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
561