$1,200,000
526 NW 15TH Way, Fort Lauderdale FL 33311
74 days on market
- Bathrooms
- 0
- Living area
- 4,009 sqft
- Price per sqft
- $299
- Type
- Quadruplex
- Year built
- 1957
- Taxes
- $21,674/yr
- MLS #
- B26065700
About this home
Multi-family investment opportunity with immediate cash flow: 5 rentable units on one 11,300 SF lot in Fort Lauderdale. A fourplex (4-plex) with four 2BD/1BA units at $1,800/month each, plus a separate 4BD/2BA single-family home at $2,800/month, for $10,000/month and $120,000 in gross annual income. NOI of approximately $74,000 for a 6.2% CAP rate. Tenants in place. CBS block construction, with sufficient parking, fenced backyard with gazebo and BBQ area, and no HOA. A separate outbuilding currently used for storage offers value-add upside, with potential conversion to a laundry facility or additional living space, subject to applicable approvals. Ideal for investors seeking multiple income streams, rental income and future upside. Lot size and property information based on BCPA records.
Estimated subtotal
$1,806/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $1,806
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Fort Lauderdale, 33311
What to check here
Compare coastal condo obligations; for waterfront homes, check seawalls, dockage and bridge clearance.
Listing courtesy of Keller Williams Realty Consult
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.