526 NW 15th Way
Fort Lauderdale, FL 33311
- – beds
- – baths
- 4,009 sqft
- $349 per sqft
- 1957 build
- – on site
Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 9%. The first property consists of a Single Family home (4 beds, 2 baths), generating $3,000/month in rental income. Additionally, there's a quadplex on the lot, with four 2/1 units, generating $2,000/month per unit for a total of $8000/month. The property also includes an extra building currently being used for storage, which could potentially be converted into a laundry facility, or another living space offering an opportunity for additional revenue. The total lot size is 11,300 sqft. The second lot is vacant and zoned Residential. It's 5,650 sqft in size, offering development potential. All lot sizes and details are pulled directly from BCPA for accuracy.
Last checked:
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Last updated Mar 19, 2025
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MLS# F10493079 —
The Building
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Year Built:1957
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Year Built Description:Resale
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Total Units:4
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Unit Count:2
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Construction Type:Concrete Block Construction, Cbs Construction
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Style:Fourplex
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Roof Description:Flat Roof With Facade Front
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# of Stories:1
Interior
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Floor Description:Tile Floors
Room Dimensions
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SqFt Living Room Area:4,009 Sqft
Financial & Terms
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Rent Includes:Electric, Pest Control, Sewer, Trash Removal, Water
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Terms Considered:Cash, Conventional
The Property
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Type of Property:Fourplex
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Property Type:Residential Income
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Property Type Information:Detached, Other
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Parcel Number:504204240470
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Approx Lot Size:11,300 Sqft
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Lot Description:1/4 To Less Than 1/2 Acre Lot
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Zoning:RS-8
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Geographic Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
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Waterfront Property:No
Listing Agent
- Contact info:
- Agent phone:
- (954) 588-0379
- Office phone:
- (954) 688-5400
Taxes
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Tax Year:2024
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Tax Amount:$18,659
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Tax Information:Tax Reflects No Homestead Tax
The Listing
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Information Available:Other Available Information
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Auction:No
Heating & Cooling
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Cooling Description:Wall/Window Unit Cooling
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Heating Description:Electric Heat
Utilities
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Sewer Description:Municipal Sewer
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Internet:Yes
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Cable Available:No
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Separate Meter:No
The Community
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Subdivision Name:DORSEY PARK
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Subdivision Complex Bldg:DORSEY PARK
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Gated Community:No
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Pool:No
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Spa:No
Parking
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# Parking Spaces:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/18/25
Mar 18, 2025
|
Listed / Active | GFLR | $1,400,000 | 127.6% (39.7% / YR) |
12/30/21
Dec 30, 2021
|
GFLR | $615,000 | -6.8% | |
10/7/21
Oct 7, 2021
|
GFLR | $659,990 |