1415 SW 1st Street 18, Fort Lauderdale, FL 33312

Listing Snapshot

Price

$1,649,000

Days on Site

26 Days

Bedrooms

0

Total Baths

0

Total Sq Ft

4,910 sqft

Lot Size

0.32 Acres

Year Built

1975

Property Type

Commercial

MLS #

A11972748

Property Tax

$26,091

County

Broward

Status

Under Contract

About This Property

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 one bed/one bath apartments. Four fully furnished vacation rental units, 4 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 to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.

General Features

Property Type

Commercial

Status

Under Contract

Year Built

1975

Number of Stories

1

Lot Size (Acres)

0.32

Total Sq Ft

4,910

Sewer

Public Sewer

Water Source

Public

Zoning

RML-25

Interior Features

Cooling

Wall Window Units

Heating

Wall Furnace

Flooring

Tile / Vinyl

Exterior Features

Construction

Block / Frame

Roof

Shingle

Exterior Features

Room For Pool

Lot Features

City Lot / Residential Lot

Community & HOA

MLS Area

3470