Active

526 NW 15th Way

Fort Lauderdale FL, 33311

$1,400,000


Active

Commercial

Built in 1957

Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 9%. The first property consists of a Single Family home (4 beds, 2 baths), generating $3,000/month in rental income. Additionally, there's a quadplex on the lot, with four 2/1 units, generating $2,000/month per unit for a total of $8000/month. The property also includes an extra building currently being used for storage, which could potentially be converted into a laundry facility, or another living space offering an opportunity for additional revenue. The total lot size is 11,300 sqft. The second lot is vacant and zoned Residential. It's 5,650 sqft in size, offering development potential. All lot sizes and details are pulled directly from BCPA for accuracy.

F10491389

MLS ID

March 11, 2025

Listed

March 14, 2025

Updated

Interior Features

Floor Description

Tile


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.26 Acres

Other Property Details

Area Name

3460


Taxes

$18,659


Tax Frequency

Annually


Days on Market

4


Garage

No


Parking

Assigned


View

No


County

Broward

Listed by: Keller Williams Realty Consult
Listing Contact:  

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Data last updated 3:09 PM UTC, 3/14/2025

 

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