Income/MultiFamily for sale
$500,000
Address available on requestFort Lauderdale, FL 33311
- 5,103 Lot sq ft
About this home
Buyer may have the opportunity to develop a 3-story mixed-use building featuring up to 2,500 SF of commercial space, plus 3 residential units, each approximately 945 SF with 2 bedrooms and 1 bathroom. Estimated commercial rental rates in the area range from $25-$30 per SF annually, with projected gross rental income of approximately $165,000 per year or $13,750 monthly.
Zoned NWRAC-MUw for multifamily and mixed-use development, the property is surrounded by luxury rental projects currently under construction and newly completed developments reshaping the neighborhood. Excellent opportunity for developers, investors, and builders looking to capitalize on the continued growth of Sistrunk Blvd.
Conveniently located minutes from Las Olas, Downtown Fort Lauderdale, I-95, and only 15 minutes from Fort Lauderdale’s world-famous beaches. Located within an Opportunity Zone with strong future upside. Don’t miss this exceptional investment opportunity. Call today for additional information.
Details
- MLS #
- A12012445
- Property type
- Income/MultiFamily
- Status
- Active
- Days on market
- 179
- Neighborhood
- WASHINGTON PARK
- County
- Broward County
- Property taxes
- $3,109 (2025)
- Waterfront
- No
- Private pool
- No
Estimated payment
$2,787/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.
Adjust in the mortgage calculatorListing courtesy of LoKation · Nilufer Ucler. Listing last updated November 5, 2026 8:18 AM.