luxury

$1,200,000

526 NW 15TH Way, Fort Lauderdale, FL 33311

Fort Lauderdale, FL, 33311

— bd · — ba · 4,009 sqft

Listed by Keller Williams Realty Consult

Estimated monthly payment

$8,891/mo

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $8,891/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

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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.

Your costs (est.)

≈ $8,891/mo

526 NW 15TH Way, Fort Lauderdale, FL 33311 · Fort Lauderdale

Location

526 NW 15TH Way, Fort Lauderdale, FL 33311

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995