$2,940,000

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.