1111 SW 4th St, Fort Lauderdale, FL 33312

• 7,839 sqft

Property 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. RML-25 zoning allows up to 25 units per acre. Density calculations indicate approximately 10 units by right on a 0.40-acre lot; however, the existing 12-unit configuration may benefit from legal non-conforming or grandfathered status based on original approvals. Buyers should independently verify redevelopment potential and density allowances. Permitted typologies under RML-25 include multifamily, duplex, townhouse group, cluster dwellings, zero lot line, and hotel use (where applicable). Property is located within the NDCR Overlay and FEMA AE flood zone (BFE 6 ft). 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.

Listing Status:

Active

Date Added:

March 9, 2026

Data Last Updated:

May 29, 2026 at 10:06PM

Listing Office:

Miami Connections Realty LLC : 7866833593

Listing Agent:

Melina Grinberg : 786-683-3593

MLS ID:

A11966949

Interior

• Flooring: Tile
• A/C: Central Individual A/C
• Heating: Central Individual A/C

Exterior

• Parking: AssignedCommonGuest

Construction

• Windows: Clear Impact Glass
• General: Concrete Block Construction2

Location

• Originating MLS: Miami Association of REALTORS®
• County: Broward County

Lot

• Zoning: RML-25WAVERLY PLACE 2-19 D LOT 1920 BLK 108504209090830
• Fencing: Fenced

Utilities

• Utilities: Separate Meters
• Water: Public

Financial

• Source: Miami Association of REALTORS®