1115 NE 15th Ave Open House Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33304
OPEN HOUSE
Thu Apr 03, 11:00am - 2:00pm
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $387
Subdivision Lake Ridge Gardens Condo
MLS Listing ID F10492368
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 1952
Annual Tax Amount $2,456
Tax Year 2024
Property Sub-Type Fourplex
Property Description
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.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RM-15
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional