526 NW 15TH WAY, Fort Lauderdale, FL 33311
526 NW 15TH WAY, Fort Lauderdale, FL 33311,Video Tour
526 NW 15TH WAY, Fort Lauderdale, FL 33311
526 NW 15TH WAY, Fort Lauderdale, FL 33311
526 NW 15TH WAY, Fort Lauderdale, FL 33311
526 NW 15TH WAY, Fort Lauderdale, FL 33311
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$ 1,200,000
Est. payment | /mo

4,009 SqFt


$ 1,200,000
Est. payment | /mo

4,009 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,009 sqft

Price per Sqft $299

Subdivision Dorsey Park First Add

MLS Listing ID B26065700

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 4009

Year Built 1957

Annual Tax Amount $21,674

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Broward

Area 3460

Zoning RS-8

Rooms

Other Rooms Gazebo, Outbuilding, Shed(s), Storage

Interior

Interior Features InteriorFeatures

Heating Electric, Heat Pump, Natural Gas, Wall Furnace

Cooling Ceiling Fan(s), Ductless, Heat Pump, Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Exterior

Exterior Feature Barbecue, Storage

Fence Back Yard, Fenced

Utilities Available Cable Not Available

Water Access Desc Public

Roof Type Flat

Accessibility None

Total Parking Spaces 10

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Dwelling Type House,Quadruplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Gazebo, Outbuilding, Shed(s), Storage

Structure Type Block,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools North Fork

Middle Schools Parkway

High Schools Stranahan

Others

Senior Community No

Restrictions Other Restrictions

Tax ID 504204240470

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed No

Virtual Tour https://www.zillow.com/view-imx/2f4c891c-8d3b-44ca-9d69-8b1b317dd44d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

BeachesMLS, Inc. (FLR) IDX
Listed by Michael Topow Keller Williams Realty Consultants

NEARBY SCHOOLS & PROPERTIES

Joe Desane

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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526 NW 15TH WAY