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Land in Fort Lauderdale, FL 33312Waverly Place, 11 SW 11th Ave
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Beds
0.36
Acre$3,875,000
$/AcreMid-Tier Land
City,Garden View
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.
MLS Number: F10518998
On Site: 404 Days
Updated: 0 Days ago
Page Views: 0
Features
All features
- Current Use: Other
- Approx SqFt Total Area: 15600
- Property SqFt: 15600
- Remarks: 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.
- REO: Standard
- Internet Remarks: 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.
- View: City,Garden
- Waterfront: No info
- Days on Market: 405
- Compass Point: SW
- Office Name: LoKation
- Taxes: 10524
- Tax Year: 2024
- Listing Date: 2025-08-11T15:16:58.000-00:00
- Lot Size Square Feet: 15600
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.5M
Low
$1.4M
Total Change
-6.7%Date
Event
Price
Change
Price Per
12/26/2025
Price Reduced
$1.4M
-6.69%$89 ft2
$963 m2
08/11/2025
Listed
$1.5M
$96 ft2
$1,032 m2
12/26/2025
$1.4M
Event
Price Reduced
Change
-6.69%Price Per
$89 ft2
$963 m2
08/11/2025
$1.5M
Event
Listed
Price Per
$96 ft2
$1,032 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Lisa Stephenson • LoKation • Buyer Agency Compensation .
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Scores
69
100
46
100
65
100
79
100
0
100
29
100
1
100
Community Snapshot
3 – 6 BR
Bedrooms
$600K – $1.5M
Price Tier
608 - 4,007
SqFt Range
1963
Year Build
2
Total Floors
Subdivision Amenities
None
Pool
Fort Lauderdale Mid-Tier Mid-Tier Homes & Condos
- 30 Thirty North Ocean Mixed4
- 350 Las Olas Place Condo10
- 49th Street Townhomes Townhouse0
- 76 Isle Of Venice Mixed2
- 900 Place Townhouse0
- Aldens Mixed1
- Allenwood Multifamily2
- Alta Vista Terrace Land1
- Americas On The Park Condo2
- Aquavue Las Olas Condo0
- Atelier Lofts Townhouse0
- Avenue Lofts Condo4
- Bal Harbour Mixed5
- Bamboo Flats Townhouse3
- Bay Club Condo0
- Bayshore Towers Condo4
- Bijou Lake Ridge Townhouse1
- Birch Pointe Condo0
- Boathouse Of Hendricks Isle Townhouse1
- Bougainvillas Townhomes Townhouse0
- Bryan Mixed2
- Burton Point Condo4
- Capri Villas Townhouse0
- Caribbean Townhomes Of Las Olas Condo0
- Carver Park House3
- Citrus Isles Mixed1
- Coconut Grove Residences On Fort Lauderdale Beach Condo3
- Colee Hammock Mixed13
- Colonial Ridge House1
- Coral Cove Condo1
- Coral Highlands House1
- Coral Hills House3
- Coral Ridge Courtyard Condo0
- Coral Ridge Isles Mixed33
- Coral Shores House4
- Corinthian On The Intracoastal Condo11
- Croissant Park River Mixed4
- Croissant Park South River House2
- Croissant Park West River Mixed1
- Cromwell East Condo2
- Cypress Arms Condo1
- Dixie Park Mixed2
- Embassy Tower Condo6
- Esplanade On The New River Condo4
- Flamingo Park House6
- Fort Lauderdale No HOA Mixed15
- Fort Lauderdale Yacht & Beach Club Condo2
- Fountains On Ocean Boulevard Condo3
- Gill Isles House3
- Glass At Victoria Park Townhouse0
- Golf Estates House7
- Gramercy Park House1
- Grandeur Townhouse0
- Gulfstream Of Las Olas Condo1
- Harbor Haven Condo2
- Harbor View Condo5
- Harbourage Place Condo2
- Hardwick Heights House0
- Hendricks Heights House2
- Holiday Park Townhouse0
- Intracoastal 31 Condo1
- Jackson Tower Las Olas Condo10
- Jasmine Terrace Townhouse0
- Kensington Place Townhouse0
- La Preserve House4
- La Rive Condo2
- La Terrace At Victoria Park Townhouse0
- Lago Mar Place Co-Op2
- Lake Aire Estates House0
- Lake Estates Mixed5
- Lake Park House1
- Lakeway House1
- Las Olas Grand Condo4
- Las Olas Park Mixed7
- Las Olas River House Condo12
- Lauder Gate Multifamily4
- Lauderdale Isles House15
- Lauderdale Isles House0
- Lauderdale Park House9
- Lauderdale Pines Mixed0
- Lauderwood House2
- Laurel Terrace Condo1
- Le Club International Condo4
- Leisure Beach Condo12
- Lincoln Park Mixed15
- Marbella Townhouses Townhouse0
- Marine Colony Villas Condo0
- Mary Knoll House1
- Middle River Park Mixed4
- Middle River Villas Condo1
- Nola Lofts Condo1
- Norfolk Gardens House1
- North Ridge House4
- NuRiver Landing Condo7
- Oak Lane House1
- Oakland Hills Condo0
- Osborne Park Mixed0
- Osceola Park Mixed13
- Palm Grove Acres House1
- Park Tower Condo3
Sailboat Bend Communities in Fort Lauderdale, FL
Ultra Luxury
Ultra Luxury 1
Mid-Tier
Mid-Tier 2
Entry-Level
Entry-Level 3
Inactive Segment
Inactive Segment 2
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