Fort Lauderdale, FL 33312 1415 SW 1st Ave 1-8
$1,950,000
26 more
Presented By: This listing is courtesy of Canvas Real Estate;
Beds • 8
Baths • 8
SQFT • 4,910
Home Details
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 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 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 close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction.
Presented By: This listing is courtesy of Canvas Real Estate;
Interior Features for 1415 SW 1st Ave 1-8
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NNo
General for 1415 SW 1st Ave 1-8
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityFort Lauderdale
Construction MaterialsBlock, Frame
CoolingWallWindowUnits
CountyBroward
DisclosuresOwnerIsListingAgent
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionRIVER HIGHLANDS AMEN PLAT 15-69 B LOT 16, 17 BLK 6
LevelsOne
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet13802.0
Lot Size UnitsSquareFeet
MLS Area3470
MLS Area MinorFt Ldale SW (3470-3500;3570-3590)
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total8
Occupancy TypeTenant
PossessionClosingAndFunding
PostalCityFort Lauderdale
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofShingle
Security FeaturesOther, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsAppointment Only, Call Listing Agent
Standard StatusActive
StatusActive
Stories1
Structure TypeMultiFamily
Tax Annual Amount23170.0
Tax Year2024
Tenant PaysElectricity
Unit Number1-8
Virtual TourClick here
Waterfront Y/NNo
Year Built1974
Zoning DescriptionRML-25
Exterior for 1415 SW 1st Ave 1-8
Building Area Total4910.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.32
Lot Size Area13802.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCommon
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking12.0
Water SourcePublic
Additional Details
Price History
Jamie Deal
Realtor®
