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- $1.9M Price
- .32 Acres
- 84 DOM
1415 Sw 1 St 1-8
Legal 8-Plex Investment Opportunity with Vacation Rental Income and Development Potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8-plex features a 3-bed/1-bath detached home and 7 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 3 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML-25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction.
Essential Information
- MLS® #A11753988
- Price$1,895,000
- Bathrooms0.00
- Acres0.32
- Year Built1974
- TypeCommercial
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address1415 Sw 1 St 1-8
- Area3470
- CityFort Lauderdale
- CountyBroward
- StateFL
- Zip Code33312-1555
Amenities
- ParkingCommon
Interior
- InteriorTile, Vinyl
- CoolingWall/Window Unit(s)
- # of Stories1
- StoriesOne
Exterior
- RoofShingle
- ConstructionBlock, Frame
Additional Information
- Listing Courtesy ofCanvas Real Estate
- Date ListedFebruary 28th, 2025