About 526 Nw 15th Way
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.
Features of 526 Nw 15th Way
| MLS® # | B26065700 |
|---|---|
| Price | $1,200,000 |
| Square Footage | 4,009 |
| Acres | 0.26 |
| Year Built | 1957 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 526 Nw 15th Way |
|---|---|
| Area | 3460 |
| Subdivision | DORSEY PARK FIRST ADD |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33311 |
Amenities
| Utilities | Cable Not Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Heat Pump, Natural Gas, Window/Wall |
|---|---|
| Cooling | Ceiling Fan(s), Ductless, Heat Pump, Wall/Window Unit(s) |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Barbecue, Storage |
|---|---|
| Roof | Flat |
| Construction | Block, Stucco, CBS |
School Information
| Elementary | North Fork |
|---|---|
| Middle | Parkway |
| High | Stranahan |
Additional Information
| Zoning | RS-8 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Consult |
|---|