- $2,940,000
Description
Exceptional multifamily opportunity in the highly desirable Sailboat Bend area of Fort Lauderdale. This 17,499 SF 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 SF, 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.Prime location minutes from Downtown Fort Lauderdale, Las Olas, major transportation corridors, and ongoing redevelopment activity.Ideal for investors seeking stabilized income with long-term redevelopment optionality.
Address
Open on Google Maps-
Address: 4th
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City: Fort Lauderdale
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State/county: Broward
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Zip/Postal Code: 33312
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Area: Fort Lauderdale
Details
Updated on July 19, 2026 at 8:54 am-
Property ID A11966949
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Price $2,940,000
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Land Area 0.4 Sq Ft
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Year Built 1976
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Type Multi Family
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 7839
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BuildingFeatures Storage
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CommunityFeatures Laundry Facilities
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ConstructionMaterials Block
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ContractStatusChangeDate 2026-03-10
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Cooling Central Air
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CumulativeDaysOnMarket 130
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CurrentPrice 2940000
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DaysOnMarket 130
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DaysOnMarketReplication 130
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DaysOnMarketReplicationDate 2026-07-17
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsAvailable Contract(s), Lease
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DocumentsCount 0
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Electric Separate Meters
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Fencing Partial
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Flooring Tile
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Heating Central, Individual
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 786-683-3593
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ListAgentEmail grinbergmelina@gmail.com
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ListAgentFirstName Melina
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ListAgentFullName Melina Grinberg
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ListAgentKey 26751948
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ListAgentKeyNumeric 26751948
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ListAgentLastName Grinberg
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ListAgentMlsId SEF3366071
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ListAgentNationalAssociationId 279609333
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ListAgentOfficePhone 305-542-4823
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ListAgentPreferredPhone 786-683-3593
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ListAgentStateLicense 3366071
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail ruthabeckjerr@gmail.com
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ListOfficeKey 5902280
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ListOfficeKeyNumeric 5902280
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ListOfficeMlsId SEFMFER01
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ListOfficeName Miami Connections Realty LLC
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ListOfficePhone 305-542-4823
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2026-03-09
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ListingKey 1154841615
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ListingKeyNumeric 1154841615
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ListingTerms Assumable, Cash
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LotFeatures Corner Lot, Landscaped, Sprinkler System
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LotSizeArea 17500
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MLSAreaMajor 3470
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MajorChangeTimestamp March 10, 2026 at 02:26pm
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MajorChangeType Back On Market
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp July 19, 2026 at 06:38am
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NumberOfBuildings 1
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NumberOfUnitsTotal 2
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OccupantType Tenant
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OnMarketDate 2026-03-09
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OnMarketTimestamp 2026-03-09T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-07-17T15:09:47.540-00:00
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OriginalEntryTimestamp March 9, 2026 at 02:05pm
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OriginalListPrice 3180000
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OriginatingSystemID M00000151
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OriginatingSystemKey 551237010
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OriginatingSystemListAgentMemberKey 1193559
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OriginatingSystemListOfficeKey 1262402
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OriginatingSystemModificationTimestamp 2026-07-17T15:09:47.540-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 504209090830
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ParkingFeatures Assigned, Common, Guest
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ParkingTotal 18
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Permission IDX
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PhotosChangeTimestamp July 19, 2026 at 06:38am
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PhotosCount 26
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Possession Close Of Escrow
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PostalCity Fort Lauderdale
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PostalCode 33312
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PreviousListPrice 3180000
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PriceChangeTimestamp March 10, 2026 at 02:25pm
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PropertySubTypeAdditional Multi Family
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SecurityFeatures Security Fence, Security Lights
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SourceSystemID TRESTLE
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SourceSystemKey 1154841615
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SourceSystemName flexmls
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SpecialListingConditions Corporate Listing
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StateOrProvince FL
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StatusChangeTimestamp March 10, 2026 at 02:26pm
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StoriesTotal 2
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StreetDirPrefix SW
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StreetName 4th
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StreetNumber 1111
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StreetNumberNumeric 1111
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StreetSuffix Street
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TaxAnnualAmount 37280
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TaxLegalDescription WAVERLY PLACE 2-19 D LOT 19, 20 BLK 108
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TenantPays Electricity
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UniversalPropertyId US-12011-N-504209090830-R-N
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VideosChangeTimestamp 2026-07-19T06:38:40.820-00:00
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VideosCount 0
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WaterSource Public
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Zoning RML-25
Features
Overview
- Multi Family
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
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Contact Information
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