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1115 Ne 15th Ave, Fort Lauderdale, FL – $1,095,000

  • $1.1M Price
  • 2,826 Sqft
  • $1.1M Price
  • 2,826 Sqft

1115 Ne 15th Ave

This five-unit property with individual folios is currently operating as a high-performing vacation rental investment and must be purchased together. The diverse unit mix includes two 1/1 units, two studios, and one 2/2 unit, which is currently on an annual lease. Each unit has separate meters and its own washer and dryer, providing added convenience for tenants and guests. With over $127K in annual revenue in 2014, this is a proven income-generating asset. The condominium association can be terminated, allowing for flexibility in ownership, or the units can be sold off individually. Located just one block from Publix, a major draw for vacationers, and only 1.6 miles from Fort Lauderdale Beach, this prime location ensures strong occupancy rates and continued demand.

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Essential Information

  • MLS® #F10492368
  • Price$1,095,000
  • Bathrooms0.00
  • Square Footage2,826
  • Year Built1952
  • TypeResidential Income
  • Sub-TypeFourplex
  • StyleOther Style
  • StatusBackup Contract-Call LA

Community Information

  • Address1115 Ne 15th Ave
  • Area3380
  • SubdivisionLake Ridge Gardens Condo
  • CityFort Lauderdale
  • CountyBroward County
  • StateFL
  • Zip Code33304-2310

Amenities

  • Parking Spaces8

Interior

  • HeatingCentral Heat
  • CoolingCentral Cooling
  • # of Stories1
  • Stories1

Exterior

  • Lot DescriptionLess Than 1/4 Acre Lot
  • RoofComp Shingle Roof
  • ConstructionCbs Construction

Additional Information

  • Listing Courtesy ofDettman Realty Group LLC
  • ZoningRM-15
  • HOA Fees Freq.Yearly
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