Building Description
Executive Summary
17,000 SF Rio Vista assemblage featuring approximately 125 feet of combined frontage and $12,000 per month of in-place income. The offering consists of 900/902 and 904 SE 12th Street, currently improved with income-producing residential structures generating approximately $144,000 in annual gross income. The existing income provides meaningful carrying-cost support during the hold, entitlement and planning period while preserving future redevelopment flexibility. The site offers the potential for development of up to nine residential units, positioning the property for boutique multifamily, condominium or luxury residential redevelopment in one of Fort Lauderdale’s most desirable residential neighborhoods.
Approved Uses by Zoning — Residential Low Rise Multifamily/Medium High Density (RML-25)
Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.
Allowed by right
Single Family Dwelling, Single Family Dwelling, Attached: Cluster (Sec. 47-18.9), Single Family Dwelling: Zero-lot-line (Sec. 47-18.38), Single Family Dwelling, Attached: Duplex/Two-Family Dwelling (Sec. 47-18.45), Single Family Dwelling, Attached: Townhouses (Sec. 47-18.33), Multifamily Dwelling: Coach Home (Sec. 47-18.10), Multifamily Use, Existing Multifamily Dwelling (Sec. 47-18.39), Community Residence, 3 residents maximum (Sec. 47-18.47), Community Residence, 4 to 10 residents with 1,000-ft distance separation (Sec. 47-18.47), Active and Passive Park (Sec. 47-18.44), Social Service Residential Facility, Level I (Sec. 47-18.32), Family Day Care Home (Sec. 47-18.8), Urban Agriculture (Sec. 47-18.41)
With special approval
Community Residence, 4 to 10 residents, less than 1,000-ft distance separation (Sec. 47-18.47), Community Residence, more than 10 residents / Community Residence with no license or certification available (Sec. 47-18.47), Bed and Breakfast Dwelling (Sec. 47-18.6), Hotel (Sec. 47-18.16), Mixed Use Development (Sec. 47-18.21), House of Worship (Sec. 47-18.17), School, Social Service Residential Facility, Level II (Sec. 47-18.32)
Read the full RML-25 zoning guide ›
