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1,495,000(-6.69% )
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Status:
Active
Size: 0.36 Acres (1,449 m2)
Price: $3,875,000/Acre ($963/m2)
Type: Land
MLS Number: F10518998
On Site: 239 Days
Updated: 46 Days ago
Page Views: 0
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.
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.
- 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.
- Waterfront: No info
- Days on Market: 193
- Compass Point: SW
- Office Name: LoKation
- Area: 0.36
- Taxes: 10524
- Tax Year: 2024
- Listing Date: 2025-08-10T20:00:00.000-00:00
- Lot Size Square Feet: 15600
Apples-to-Apples Comparables
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Price History
12/26/2025
Date
Price Reduced
Event
$1.4M
Price
-6.69%
Change Rate
$89 ft2 / $963 m2
Price Per
08/11/2025
Date
Listed
Event
$1.5M
Price
$96 ft2 / $1,032 m2
Price Per
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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