$1,200,000

For sale

526 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

Listing courtesy of Keller Williams Realty Consult.

Location

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