1415 SW 1st Street #1-8 new

Fort Lauderdale,FL 33312

$ 1895000

- Bed

0 Bath

4910 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,910 sqft

Price per Sqft $385

MLS Listing ID A11814830

Year Built 1974

Annual Tax Amount $23,170

Tax Year 2024

Lot Size 0.320 Acres

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 one bed/one bath apartments. Five fully furnished vacation rental units, 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 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.

Location

State FL

County Broward

Area 3470

Interior

Heating Central,Gas,Window Unit,Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile,Vinyl

Exterior

Roof Type Shingle

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Block,Frame

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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