509 SW 11th St, Fort Lauderdale, FL 33315

$598,000 Asking Price

2 beds
1 bath
Built in 1946

Prime Location in Tarpon River! Situated just minutes from downtown Fort Lauderdale, the beaches, FLL Airport, the Convention Center, and Port Everglades, this charming cottage is a fantastic investment opportunity. Highly desirable Tarpon River neighborhood, the property offers immense potential for both investors and handy homeowners. This hard asset can be rented out in the short term, with the assurance that the land value will appreciate for future sale or development. The street has seen multiple recent new construction developments, highlighting the growth and potential of the area. Excellent opportunity to redevelop into 2 luxury townhomes, making it a lucrative prospect for the discerning buyer.Don't miss out on a prime piece of real estate in a rapidly developing neighborhood.

Features & Amenities

Interior

General:
First Floor Entry, Family Room
Flooring:
Tile
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
Other
Style:
Attached, One Story
Parking:
Covered, Driveway

Construction

Roofing:
Curved/S-Tile Roof

Location

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

Lot

Zoning:
RD-15, LAUDERDALE 2-9 D LOT 30,31 BLK 14, 504215011530
View:
None

Utilities

Water:
Other
Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
REI By Zip LLC, Shane Zvulun

About Fort Lauderdale, FL

Housing

Number of Units
390,485
Median Home Value
$338,210
Median Rent
$1,370

38.68% of housing units are renter occupied.

10.95% are vacant.

Commute

Car
68.93%
Public Transportation
2.15%
Walk to Work
1.00%
Work from Home
26.43%
Other
1.03%

The median travel time to work is 23 minutes.

People

Population
847,168
Median Age
40.60
Median Household Size
2.68

Education

High School
25.09%
Associate’s Degree
9.23%
Bachelor’s Degree
22.25%
Graduate Degree
14.19%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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