1111 SOUTH WEST 4TH ST, Fort Lauderdale
$2,940,000 USD
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| Address | 1111 SOUTH WEST 4TH ST, Fort Lauderdale |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Business Location | Corner Lot |
| Price | $2,940,000 |
| Previous Price | $3,180,000 (25 days ago) |
| Property Status | Active |
| MLS Number | A11966949 |
| Property Size | 17500 |
| Lot Size | 17500 |
| Year Built | 1976 |
| Parking Space Number | 18 |
| Folio Number | 504209090830 |
| Zoning Information | RML-25 |
| Days on Market | 25 |
Detailed Description: Exceptional multifamily opportunity in the highly desirable Sailboat Bend area of Fort Lauderdale. This 17,499 sq.ft lot (0.40 acres) is zoned RML-25 with Medium-High Density Future Land Use designation — zoning and FLU are aligned, providing long-term redevelopment clarity and stability. The property is currently improved with a 12-unit multifamily building totaling 7,839 sq.ft, originally built in 1976 and actively operating as an income-producing asset. The existing improvements present 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. Buyers should independently verify redevelopment potential and density allowances. Permitted typologies under RML-25 inclu
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Address Information
| State | Florida |
| City | Fort Lauderdale |
| County | Broward County |
| Zip Code | 33312 |
| Address | 1111 SOUTH WEST 4TH ST |
| Business Location | Corner Lot |
Financial Information
| Price | $2,940,000 |
| Price per Foot | $0 |
| Previous Price | $3,180,000 |
| Folio Number | 504209090830 |
| Tax Amount | $37,280 |
Full Descriptions
| Detailed Description | Exceptional multifamily opportunity in the highly desirable Sailboat Bend area of Fort Lauderdale. This 17,499 sq.ft lot (0.40 acres) is zoned RML-25 with Medium-High Density Future Land Use designation — zoning and FLU are aligned, providing long-term redevelopment clarity and stability. The property is currently improved with a 12-unit multifamily building totaling 7,839 sq.ft, originally built in 1976 and actively operating as an income-producing asset. The existing improvements present 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. Buyers should independently verify redevelopment potential and density allowances. Permitted typologies under RML-25 inclu |
| Floor Description | Tile |
| Cooling Description | Central Individual A / C |
| Heating Description | Central Individual A / C |
| Water Description | Public |
| Parking Description | Assigned, Common, Guest |
Property parameters
| Living Area | 17500 |
| Lot Size | 17500 |
| Total Acreage | 0.000 |
| Zoning Information | RML-25 |
| Maximum Leasable Size | 17500 |
| Year Built | 1976 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Construction Type | Concrete Block Construction |
| Stories Number | 2 |
| Street Direction | South West |
| Parking Space Number | 18 |
| Listed with | Miami Connections Realty LLC |