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.
