Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof:
- Tile, Flat
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33311
- Street:
- 526 Nw 15th Way, Fort Lauderdale, Florida 33311
- Longitude:
- W81° 50' 11.8''
- Latitude:
- N26° 7' 40.5''
- Building Area:
- 4,009 Sqft
- Construction Materials:
- Block, Stucco
- Cumulative DOM:
- 2
- DOM:
- 2
- Elementary School:
- North Fork
- Exterior Features
- Flooring:
- Wood, Tile, Hardwood
- Interior Features
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 504204240470
- Stories Total:
- 1
- Subdivision Name:
- DORSEY PARK FIRST ADD
- Tax Annual Amount:
- $21,674
- Virtual Tour:
- Click Here
Residential Income For Sale
526 Nw 15th Way, Fort Lauderdale, Florida 33311, Fort Lauderdale, Florida 33311
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,200,000
- Square Footage :
- 4,009 Sqft
- Year Built :
- 1957
- Lot Area :
- 11,300 Sqft
- MLS # :
- B26065700
- Property Sub Type :
- Quadruplex
