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. Four fully furnished vacation rental units, 4 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.
Property Details
Price:
$1,649,000
MLS #:
A11972748
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Feb 26, 2026
Total Sq Ft:
4,910
Lot Size:
13,802 sqft / 0.32 acres (approx)
Year Built:
1975
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Tile, Vinyl
Heating
Wall/Window Units
Exterior
Building Features
Room For Pool
Construction Materials
Concrete Block Construction, CBS Construction, Frame
Lot Features
City Location, In Residential Area
Parking Spots
12
Parking Total
12
Roof
Shingle
Stories
1
Financial
Taxes
$26,091
Map
Community
- Address1415 SW 1st Street # 8 Fort Lauderdale FL
- CityFort Lauderdale
- CountyBroward County
- Zip Code33312
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CORAL HILLS 37-20 B
- CORAL RIDGE ISLES
- FLA FRUIT LANDS CO SUB 1
- GARDEN VIEW APTS CONDO
- GOLDEN HEIGHTS HOMES 40-28 B
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- LAUDERDALE ISLES 2-BLK 7
- LAUDERDALE VILLAS 29-37 B
- LINCOLN PARK
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- MELROSE MANORS
- NORTH ANDREWS TERRACE FIRST ADD
- OAKLAND OCEAN MILE
- PINE ISLAND COMM 167-50 B
- PLAYA DEL MAR CONDO
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- SUNRISE
- TAMARAC GARDENS CONDO
- TRENT CONDO D
- TWIN LAKES EAST 79-22 B
- VILLA ALHAMBRA CONDO
- WOODLANDS SEC SIX 67-40 B
- YELLOWSTONE PARK AMD
Market Summary
Current real estate data for Commercial in Fort Lauderdale as of May 12, 2026
130
Commercial Listed
205
Avg DOM
$787,613
Avg List Price
Property Summary
- 1415 SW 1st Street # 8 Fort Lauderdale FL is a Commercial for sale in Fort Lauderdale, FL, 33312. It is listed for $1,649,000 To schedule a showing of MLS#a11972748 at 1415 SW 1st Street # 8 in Fort Lauderdale, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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