1415 SW 1st Ave # 8, Fort Lauderdale FL 33312,Fort Lauderdale,Broward County,Commercial Sale

  • $1,950,000
1415 SW 1st Ave # 8, Fort Lauderdale FL 33312
Commercial Sale Active
1415 SW 1st Ave # 8, Fort Lauderdale FL 33312,Fort Lauderdale,Broward County,Commercial Sale
1415 SW 1st Ave # 8, Fort Lauderdale FL 33312
  • $1,950,000

Overview

  • Income/MultiFamily
  • Property Type
  • 1974
  • Year Built

Description

Legal 8-Plex Investment Opportunity with Vacation Rental Income and Development Potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8-plex features a 3-bed/1-bath detached home and 7 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 3 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML-25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction.

  • Address 1st Ave
  • City Fort Lauderdale
  • State/county Broward County
  • Zip/Postal Code 33312

Details

Updated on March 13, 2025 at 3:21 pm
  • Price: $1,950,000
  • Land Area: 0.32 Square Feet
  • Year Built: 1974
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

Additional details

  • StreetDirPrefix: SW
  • PublicSurveyRange: 50
  • ShowingInstructions: Appointment Only,Call Listing Agent
  • ListAgentKey: 8ab12ecb1e5ce845ce08af2480eec564
  • TaxLegalDescription: RIVER HIGHLANDS AMEN PLAT 15-69 B LOT 16,17 BLK 6
  • OnMarketDate: 2025-02-28
  • ListAgentEmail: [email protected]
  • ContractStatusChangeDate: 2025-02-28
  • MajorChangeTimestamp: 2025-02-28T20:03:21.967Z
  • Flooring: Tile,Vinyl
  • PhotosCount: 31
  • Cooling: Wall/Window Unit(s)
  • StatusChangeTimestamp: 2025-02-28T20:03:21.967Z
  • SecurityFeatures: Other Fire Protection,Smoke Detector(s)
  • PriceChangeTimestamp: 2025-02-28T16:20:37.423Z
  • ListingKeyNumeric: 407849713
  • MajorChangeType: New
  • ListingContractDate: 2025-02-28
  • Zoning: RML-25
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 23170
  • ListOfficeName: Canvas Real Estate
  • OriginatingSystemKey: miamire
  • BusinessType: Commercial/Residential Income,Residential-Multi-Family
  • PhotosChangeTimestamp: 2025-02-28T20:07:17.826Z
  • RoadFrontageType: City Street
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 954-880-2550
  • MlsStatus: Active
  • StreetNumber: 1415
  • ListingKey: f4b9f3fe85634ace0ffba7bd17f52dde
  • StateOrProvince: FL
  • ShowingContactType: Agent
  • ListOfficeKey: 9ca5d59e3ce7763ebd05215fb5e6f968
  • BridgeModificationTimestamp: 2025-03-13T12:57:29.142Z
  • ListAgentFullName: Jamie Deal
  • Roof: Shingle
  • ParkingTotal: 12
  • ListAgentOfficePhone: 954-880-2550
  • Stories: 1
  • ParcelNumber: 504209180300
  • ListingTerms: All Cash,Conventional/Refinance,Exchange
  • OtherExpense: 0
  • Possession: Funding
  • IDXParticipationYN: 1
  • InternetAddressDisplayYN: 1
  • ListAgentMlsId: 3271017
  • WaterSource: Public
  • StoriesTotal: 1
  • ModificationTimestamp: 2025-03-13T12:55:32.130Z
  • OriginatingSystemID: miamire
  • DaysOnMarket: 13
  • UnitNumber: 1-8
  • ListOfficeMlsId: CREE02
  • Inclusions: Building & Land,Fixtures,Furniture, Furniture/Fixtures
  • ListAgentDirectPhone: 954-440-6783
  • StreetNumberNumeric: 1415
  • ParkingFeatures: Common
  • PostalCodePlus4: 1555
  • NumberOfUnitsInCommunity: 8
  • Sewer: Public Sanitation
  • SyndicationRemarks: Legal 8-Plex Investment Opportunity with Vacation Rental Income and Development Potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8-plex features a 3-bed/1-bath detached home and 7 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 3 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML-25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction.
  • StructureType: Commercial
  • ListAgentStateLicense: 3271017
  • PublicSurveyTownship: 50
  • StreetName: 1st Ave
  • ListOfficeFax: 954-396-4455
  • ListingAgreement: Exclusive Right To Sell
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 2
  • OriginalListPrice: 1950000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • TaxYear: 2024
  • BuildingFeatures: Laundry Facilities,Natural Gas
  • OriginalEntryTimestamp: 2025-02-28T20:03:21.967Z
  • SourceSystemKey: 407849713
  • LotFeatures: City Location,In Residential Area
  • DocumentsAvailable: Aerial Photo(S),Other Available Information,Owner Managed,Rent Rolls,Existing Survey
  • ConstructionMaterials: CBS Construction,Frame
  • AssociationFee: 0
  • LotSizeSquareFeet: 13802
  • TenantPays: Electricity
  • BuildingAreaTotal: 4910

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