560 NE 15th Ave - Multi-Family FOR SALE


Fort Lauderdale, FL 33301- Victoria Park
$1,299,900 USD
954-639-1615
560 NE 15th Ave, Fort Lauderdale, FL for Sale
$1,299,900 USD
Multi-Family - FOR SALE
1/19
null | Request Cap Rate

560 NE 15th Ave
Fort Lauderdale, FL 33301
Victoria Park


HIGHLIGHTS

  • VICTORIA PARK NEIGHBORHOOD IS ONE OF THE BEST AREAS IN BROWARD COUNTY
  • UNITS CAN BE RENTED RIGHT AWAY FOR MARKET RENT OR FOR A PREMIUM IF FULLY RENOVATED
  • HIGHLY DESIRABLE RESIDENTIAL AREA WITH MULTI MILLION DOLLAR PROPERTIES AROUND
  • SEPARATE BUILDING FOR STORAGE AND LAUNDRY
  • CORNER LOT

OVERVIEW

Exceptional 5-plex investment opportunity on a prime corner lot in the highly sought-after Victoria Park. Each unit features 1 bed/1 bath, with 2 of the bathrooms recently remodeled to a modern standard. 2 units are currently occupied with w/below-market rentals. The property is well-maintained and in excellent overall condition, making it ready for immediate occupancy or poised for strategic upgrades to maximize rental income. Significant capital improvements have already been completed, including a new roof (2023) and new electrical panels, providing investors with peace of mind. Additionally, a separate laundry room offers extra value for tenants-an attractive amenity in Victoria Park. Don’t miss this rare chance to secure an asset in a renowned location with/long-term value & appreciation. The property currently has two tenants, so we ask to please do not disturb them.

FOR SALE DETAILS

PRICE

$1,299,900 USD

PRICE/SF

$470 USD /SF

# OF UNITS

5

PRICE/UNIT

$259,980

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RARE VICTORIA PARK 5-PLEX

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,192 SF

ZONING

RC-15

APN/PARCEL ID

50-42-02-11-0130

ASK ABOUT THIS PROPERTY

Ana MattosPremier Investments RealtyMore Info
954-639-1615

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Ana MattosPremier Investments RealtyMore Info
954-639-1615

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.