$499,999

Price reduced

517 NW 15th Terrace, Fort Lauderdale FL 33311

1,236 sq ftBuilt 1958MLS# B26059145

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About this property

STRONG INCOME PRODUCING DUPLEX in the heart of Fort Lauderdale less than 2 miles from Las Olas. $37,800 annual income with potential upside > one of the tenants currently paying under market rents M2M. Both units are identical. Unit #1: $1,850/ month lease until June 2025 and Unit #2: $1,300/month M2M. BOTH UNITS HAVE BEEN RECENTLY RENOVATED. Unit #1 = 2/1 + WASHER/DRYER in unit. Unit #2 = 2/1 with WASHER/DRYER hook up only in unit (no washer and dryer currently offered to this tenant at their current rate but plumbing ready for use). NO CAST IRON! -- Cast iron has been replaced with PVC. New window A/C units installed 2024. CONCRETE ROOF in great condition!

Property details

Property type
Multi-family
Year built
1958
Living area
1,236 sq ft
Price per sq ft
$405
Property taxes
$6,834/yr
Building / community
Dorsey Park First Add
Status
Price reduced
MLS #
B26059145

Listing courtesy of Blue Realty Team, LLC.

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