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615-619 NW 11th Ave, Fort Lauderdale FL 33311

Multi-family For Sale
$1,500,000

BTC: 17.38122827

ETH: 600.00000000

1 days
0 room(s)
3,443 sqft

Overview

MULTIFAMILY INVESTMENT OPPORTUNITY - 8-PLEX!!!! 615–619 NW 11th Ave | Fort Lauderdale, FL 33311 Excellent opportunity to acquire a two side by side four-unit multifamily property (with detached coin-operated laundry facility) in Fort Lauderdale’s Durrs neighborhood. The property consists of approximately 3,443 square feet of building area situated on a generous 16,875-square-foot lot (0.39 acres). Built in 1953, the property offers an established multifamily configuration with potential for an investor seeking income-producing real estate in an established Fort Lauderdale location. GROSS RENTS TOTAL $110,000 (8 UNITS) The property is zoned RMM-25 (Residential Multifamily Mid Rise/Medium High Density), AND QUALIFIES FOR LIVE LOCALLY DENSITY BONUS, subject to applicable City of Fort Lauderdale requirements and approvals. Approximately 16,875 SF / 0.39-acre lot. Built in 1953 RMM-25 multifamily zoning/Live Locally Bonuses Ideal for: Multifamily investors, value-add investors, and developers looking for an established Fort Lauderdale property with multifamily zoning.

Location

Florida • Fort Lauderdale • 33311 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1953
Lot:
No Data
Heating:
None
Price/sqft:
$436
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,175,000
$516K – $1.5M
Confidence Low
List vs. estimate
$325K above estimate
List $1,500,000 · +27.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$435
+8.6% vs. city median $401
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,120
2025
Parking
12 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    • Concrete

    Heating

    • None

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 494234079030

    • Zoning: RMM-25

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $19,120

  • Source details

    • MLS ID: A12090145

    Other facts

    • Construction Materials: Slab Construction

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 3443

    • Subdivision Name: PROGRESSO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33311
477
median $425K
Active
Same city
Fort Lauderdale
2,782
median $725K
Active
Same type
Multi-family
178
median $897K
Active
Similar price
$1.1M – $1.9M
418
median $1.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lifestyle International Realty