Basic Information

  • MLS # F10492368
  • Type Duplex / Quad Plex / Triplex
  • Status Active Under Contract
  • Subdivision/Complex Lake Ridge Gardens Condo
  • Year Built 1952
  • Total Sqft 2,826
  • Date Listed 03/14/2025
  • Days on Market 41
Description

This five-unit property with individual folios is currently operating as a high-performing vacation rental investment and must be purchased together. The diverse unit mix includes two 1/1 units, two studios, and one 2/2 unit, which is currently on an annual lease. Each unit has separate meters and its own washer and dryer, providing added convenience for tenants and guests. With over $127K in annual revenue in 2014, this is a proven income-generating asset. The condominium association can be terminated, allowing for flexibility in ownership, or the units can be sold off individually. Located just one block from Publix, a major draw for vacationers, and only 1.6 miles from Fort Lauderdale Beach, this prime location ensures strong occupancy rates and continued demand.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Description
  • Roof Description Composition, Shingle

Interior Features

  • Adjusted Sqft 2,826Sq.Ft
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 2,826 Sq.Ft

Property Features

  • Address 1115 N E15th Ave
  • Architectural Style Fourplex
  • Association Fee Frequency Annually
  • City Fort Lauderdale
  • Community Features Non Gated
  • Construction Materials Block
  • County Broward
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Pool Features None
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Public Survey Township 4942
  • Roof Composition, Shingle
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Lake Ridge Gardens Condo
  • Tax Amount $2,456
  • Tax Information L A K E R I D G E G A R D E N S C O N D O U N I T1 P E R C D O B K/ P G:44019/847
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

1115 NE 15th Ave

Fort Lauderdale, FL 33304

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Dettman Realty Group LLC. tel: (954) 566-2448

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