1415 SW 1st Ave #1-8 new Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33312
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,910 sqft
Price per Sqft $397
MLS Listing ID A11753988
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $23,170
Tax Year 2024
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Multi Family
Property Description
Legal 8-Plex Investment Opportunity with Vacation Rental Income and Development Potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8-plex features a 3-bed/1-bath detached home and 7 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 3 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML-25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction.
Location
State FL
County Broward
Area 3470
Interior
Cooling Wall/Window Unit(s)
Flooring Tile,Vinyl
Exterior
Roof Type Shingle
Total Parking Spaces 12
Private Pool Yes
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Frame
Others
Tax ID 504209180300
Security Features Other,Smoke Detector(s)
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11753988