FL > Fort Lauderdale
Fort Lauderdale, FL 33312,1415 SW 1st Ave #1-8
Fort Lauderdale, FL 33312,1415 SW 1st Ave #1-8
Fort Lauderdale, FL 33312,1415 SW 1st Ave #1-8
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$1,950,000
Est. payment /mo
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4,910 SqFt
New

1415 SW 1st Ave #1-8 Fort Lauderdale, FL 33312

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Cher Varghese

Cher Varghese

+1(954) 643-3601

UPDATED:

02/28/2025 11:00 PM

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

Listed by Canvas Real Estate

Learn More About LPT Realty

agent

Cher Varghese

Agent | License ID: 3292935

+1(954) 643-3601

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1415 SW 1st Ave #1-8