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526 Nw 15th Way, Fort Lauderdale, FL – $1,400,000

  • $1.4M Price
  • 11,300 Sqft
  • .26 Acres
  • $1.4M Price
  • 11,300 Sqft
  • .26 Acres

526 Nw 15th Way

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.

Essential Information

  • MLS® #F10491389
  • Price$1,400,000
  • Bathrooms0.00
  • Square Footage11,300
  • Acres0.26
  • Year Built1957
  • TypeCommercial
  • StatusActive-Available

Community Information

  • Address526 Nw 15th Way
  • Area3460
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33311-8848

Amenities

  • ParkingAssigned Parking

Exterior

Construction

Concrete Block Construction, Cbs Construction

Additional Information

  • ZoningRS-8
  • HOA Fees Freq.None

Listing Courtesy of

Keller Williams Realty Consultants

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