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Eddy Sua

[email protected] +1(561) 213-7653

$ 1,400,000

Est. payment -/mo

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526 NW 15th Way Fort Lauderdale, FL 33311

4,009 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,009 sqft

Price per Sqft $349

Subdivision Dorsey Park

MLS Listing ID F10493079

Style Fourplex

Construction Status Resale

HOA Y/N Yes

Total Fin. Sqft 11300

Year Built 1957

Annual Tax Amount $18,659

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 8%. 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 $1,800/month per unit for a total of $7,200/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.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning RS-8

Interior

Heating Electric Heat

Cooling Wall/Window Unit Cooling

Flooring Tile Floors

Exterior

Water Access N

Roof Type Flat Roof With Facade Front

Private Pool No

Building

Lot Description 1/4 To Less Than 1/2 Acre Lot

Story 1.0000

Foundation Concrete Block Construction, Cbs Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Keller Williams Realty Consult

Eddy Sua

Broker | License ID: 3246138

+1(561) 213-7653

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