Legal 8- Plex Investment Opportunity with Vacation Rental Income and development potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8 plex features a 3 bed/1 bath detached home and 7 one bed/one bath apartments. Four fully furnished vacation rental units, 4 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML – 25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.
- Heating System
- Cooling System
- Parking
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33312
- Street:
- 1415 Sw 1st Ave 1-8, Fort Lauderdale, Florida 3331
- Longitude:
- W81° 51' 23.8''
- Latitude:
- N26° 7' 20.3''
- Building Area:
- 4,910 Sqft
- Construction Materials:
- Block, Frame
- Cumulative DOM:
- 337
- Flooring:
- Tile, Vinyl
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 504209180300
- Structure Type:
- Apartment, Multi Family
- Tax Annual Amount:
- $26,091
Commercial Sale For Sale
1415 Sw 1st Ave 1-8, Fort Lauderdale, Florida 3331, Fort Lauderdale, Florida 33312
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,649,000
- Year Built :
- 1975
- Lot Area :
- 13,802 Sqft
- MLS # :
- A11972748
- Property Sub Type :
- Multi Family
