Active MLS listing · MLS #B26065700

526 NW 15TH Way

Fort Lauderdale, FL, 33311

1 / 12

$1,200,000

-Beds

0Baths

4009SqFt

Property type: Quadruplex
Subdivision: DORSEY PARK FIRST ADD
Year built: 1957

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.

Listing Courtesy of: Keller Williams Realty Consultants
klrw965@kw.com

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