Basic Information

  • MLS # F10493079
  • Type Duplex / Quad Plex / Triplex
  • Status Active
  • Subdivision/Complex Dorsey Park
  • Year Built 1957
  • Total Sqft 4,009
  • Date Listed 03/18/2025
  • Days on Market 38
Description

Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 8%. 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 $1,800/month per unit for a total of $7,200/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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Description
  • Roof Description Flat

Interior Features

  • Adjusted Sqft 4,009Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Tile
  • Heating Description Electric
  • Sqft 4,009 Sq.Ft

Property Features

  • Address 526 N W15th Way
  • Architectural Style Fourplex
  • City Fort Lauderdale
  • Community Features Non Gated
  • Construction Materials Block
  • County Broward
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Description Quarter To Half Acre Lot
  • Lot Features Quarter To Half Acre Lot
  • Pool Features None
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Public Survey Township 5042
  • Roof Flat
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Dorsey Park
  • Tax Amount $18,659
  • Tax Information D O R S E Y P A R K F I R S T A D D21-30 B L O T23,24 B L K2
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

526 NW 15th Way

Fort Lauderdale, FL 33311

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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: Keller Williams Realty Consult. tel: (954) 688-5400

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