526 15th Way, Fort Lauderdale, FL 33311
  • MLS#: F10491389 ( Commercial/Industrial )
  • Street Address: 526 15th Way
  • Viewed: 2
  • Price: $1,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 128
  • Additional Information
  • County: BROWARD
  • City: Fort Lauderdale
  • Zipcode: 33311
  • Provided by: Keller Williams Realty Consultants
  • Contact: Michael Topow
  • (954) 688-5400
  • Fort Lauderdale, FL MLS IDX
  • DMCA Notice
  • 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.
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Features
Possible Terms
  1. Cash
  2. Conventional/Refinance
Assoc Fee Paid Per
  1. None
Board Identifier
  1. BeachesMLS
Close Date
  1. 0000-00-00
Construction Type
  1. Concrete Block Construction
  2. Cbs Construction
Country
  1. United States
Dade Assessed Amt Soh Value
  1. 740470
Dade Market Amt Assessed Amt
  1. 740470
Dom
  1. 99
Floor Description
  1. Tile Floors
Geographic Area
  1. Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Legal Description
  1. DORSEY PARK FIRST ADD 21-30 B LOT 23
  2. 24 BLK 2
Locationof Property
  1. City Location
Lot Sq Footage
  1. 11300
Parcel Number
  1. 504204240470
Parcel Number Mlx
  1. 0470
Parking Description
  1. Assigned Parking
Possession Information
  1. At Closing
  2. Funding
Postal Code + 4
  1. 8848
Property Type
  1. Commercial/Industrial
Sale Includes
  1. Building & Land
Tax Year
  1. 2024
Total Acreage
  1. 0.2594
Transaction Type Mlx
  1. Sale
Typeof Building
  1. Free Standing
Typeof Property
  1. Income/Multi-Family
Virtual Tour Url
  1. https://v1tours.com/listing/55974/?nobrand
Year Built
  1. 1957
Year Built Description
  1. Resale
Zoning Information
  1. RS-8
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