Homes for sale - 526 NW 15th Way, Fort Lauderdale, FL 33311

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John Maybin

themaybingroup@gmail.com +1(786) 285-9987

$1,400,000

Est. payment - /mo

0.26 Acres Lot

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Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10491389

Construction Status Resale

HOA Y/N Yes

Total Fin. Sqft 11300

Year Built 1957

Annual Tax Amount $18,659

Tax Year 2024

Lot Size 0.259 Acres

Property Sub-Type Income/Multi-Family

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

Flooring Tile Floors

Exterior

Water Access N

Private Pool No

Building

Foundation Concrete Block Construction, Cbs Construction

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional/Refinance

Listing Terms Cash, Conventional/Refinance

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Listed by Keller Williams Realty Consultants

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John Maybin

+1(786) 285-9987

Agent Team Leader | License ID: 3486929 Active

Agent Team Leader License ID: 3486929 Active

526 NW 15th Way Fort Lauderdale, FL 33311

John Maybin

Key Details

Location

Interior

Exterior

Building

Others

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526 NW 15th Way