For sale
Photo 1 of 55$1,200,000
For sale526 NW 15TH Way, Fort Lauderdale FL 33311
4,009 sq ftBuilt 1957MLS# B26065700
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About this property
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.
Property details
- Property type
- Multi-family
- Year built
- 1957
- Living area
- 4,009 sq ft
- Price per sq ft
- $299
- Property taxes
- $21,674/yr
- Building / community
- Dorsey Park First Add
- Status
- For sale
- MLS #
- B26065700
Location
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