560 NE 15th Avenue

Listing Snapshot

Price

$1,199,900

Days on Site

134 Days

Bedrooms

0

Total Baths

0

Total Sq Ft

2,763 sqft

Lot Size

0.14 Acres

Year Built

1953

Property Type

Commercial

MLS #

F10532075

Property Tax

$18,730 (2025)

County

Broward

Status

Sold

About This Property

Exceptional 5-plex investment opportunity on a prime corner lot in highly sought-after Victoria Park. 6.7%+ cap rate. Cheapest price/door for conforming building! Each unit features 1 bed/1 bath. Property is well-maintained and in excellent overall condition, making it ready for immediate occupancy or poised for strategic upgrades to maximize rental income, and short term rental prospect. Major capital improvement completed, including new roof (2023), new mini splits, vinyl flooring, high hats, new appliances & all new electric panels. All units currently occupied. Additionally, a separate laundry room offers extra value for tenants-an attractive amenity in Victoria Park. Secure an asset in a renowned location w/ long term value & appreciation.

General Features

Property Type

Commercial

Status

Sold

Year Built

1953

Property Condition

Resale

Number of Stories

1

Parking

Assigned

Lot Size (Acres)

0.14

Total Sq Ft

2,763

Sewer

Public Sewer

Water Source

Public

Zoning

RC-15

Interior Features

Flooring

Other / Tile

Exterior Features

Construction

Block

Roof

Composition / Shingle

Lot Features

Landscaped / Residential Lot

Community & HOA

Financing Terms

Cash / Conventional

MLS Area

3280