Nest Seekers

Exceptional investment opportunity offering immediate cash flow, generating approximately 120, 000 in annual revenue and a 7.

526 15TH Way
Fort Lauderdale, FL 33311

Listing

Web ID:5699296
Website:https://www.nestseekers.com/5699296

Property

Ownership: For Sale
Type: Unknown
Pets: Pets Allowed
Area: 4009 sq ft
Lot Size: 0.3 Acres

Financials

Price:$1,200,000
Annual Taxes:$21,674.31

Description

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.
Virtual Tour: https://www.zillow.com/view-imx/2f4c891c-8d3b-44ca-9d69-8b1b317dd44d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Amenities

  • BBQ
  • Cable Not Available
  • Storage

Location

526 15TH Fort Lauderdale FL 33311 USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of Keller Williams Realty Consult
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