1415 SW 1st Ave # 8 Fort Lauderdale FL 33312 MLS #A11753988

1415 SW 1st Ave # 8
Fort Lauderdale, FL, 33312
$1,950,000
Beds
0 Baths
4,910 SqFt
0.32 Acres
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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.

Property Details

Price:
$1,950,000
MLS #:
A11753988
Status:
Active
Beds:
0
Baths:
0
Address:
1415 SW 1st Ave # 8
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Fort Lauderdale
Listed Date:
Feb 28, 2025
State:
FL
Finished Sq Ft:
4,910
Total Sq Ft:
4,910
ZIP:
33312
Lot Size:
13,802 sqft / 0.32 acres (approx)
Year Built:
1974
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Cooling
Wall/ Window Unit(s)
Flooring
Tile, Vinyl

Exterior

Construction Materials
C B S Construction, Frame
Parking Features
Common
Parking Spots
12
Roof
Shingle
Security Features
Other Fire Protection, Smoke Detector(s)

Financial

Tax Year
2024
Taxes
$23,170

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1415 SW 1st Ave # 8
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