526 NW 15TH Way, Fort Lauderdale, FL 33311

About This Home

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.

Property Details

Flooring

Tile, Wood

Heating

Electric, Gas, Heat Pump/Reverse Cycle, Window/Wall

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Architectural Style

One Story

Building & Association

Stories

1

Stories Total

1

Association

No

Pets Allowed

No, Yes

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre, Fenced

Lot Size Square Feet

11,300

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, CBS Construction, Stucco

Roof

Flat Tile, Flat Roof With Facade Front

Exterior Features

Barbeque

New Construction

No

Public Records

Parcel Number

504204240470

Tax Annual Amount

$21,674

Tax Year

2,025

Zoning

RS-8

County Or Parish

Broward County

Location