526 NW 15TH Way, Fort Lauderdale FL 33311

Description

Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.

This quadruplex home located at 526 NW 15TH Way, Fort Lauderdale FL 33311 is currently for sale and has been available on Brickellsold for 33 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 4009 square feet. It was built in 1957. 526 NW 15TH Way, Fort Lauderdale FL 33311 is in Fort Lauderdale county Broward County.