526 Northwest 15th Way, Fort Lauderdale, FL 33311

Lot at 526 Northwest 15th Way, Fort Lauderdale, FL 33311, listed by Michael Topow, MLS ID: F10491389

Single Family Home at 526 Northwest 15th Way, Fort Lauderdale, FL 33311, listed by Michael Topow, MLS ID: F10491389

526 Northwest 15th Way, Fort Lauderdale, FL 33311, listed by Michael Topow, MLS ID: F10491389

526 Northwest 15th Way, Fort Lauderdale, FL 33311

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10+ Beds

6/0 Baths

4,096 Sqft

0.39 Acre

Multi Family

Brochure

Overview

MLS#: F10491389

Price

$ 1,400,000

Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 9%. The first property consists of a Single Family home (4 beds, 2 baths), generating $3,000/month in rental income. Additionally, there's a quadplex on the lot, with four 2/1 units, generating $2,000/month per unit for a total of $8000/month. The property also includes an extra building currently being used for storage, which could potentially be converted into a laundry facility, or another living space offering an opportunity for additional revenue. The total lot size is 11,300 sqft. The second lot is vacant and zoned Residential. It's 5,650 sqft in size, offering development potential. All lot sizes and details are pulled directly from BCPA for accuracy.

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Contact agent Michael Topow

Agent Michael Topow (Ph: 954-588-0379) is listing 526 Northwest 15th Way, Fort Lauderdale, FL 33311, MLS ID: F10491389

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954-588-0379

mtopow@kw.com

954-588-0379

mtopow@kw.com

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Friday, December 23, 2022

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Efficiency Apartment at 526 Northwest 15th Way, Fort Lauderdale, FL 33311, listed by Michael Topow, MLS ID: F10491389

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526 Northwest 15th Way, Fort Lauderdale, FL 33311