526 NW 15TH Way, Fort Lauderdale FL 33311
Fort Lauderdale, FL, 33311
$1,200,000
+ 28 more photos
Property facts
- Status
- Active
- Price
- $1,200,000
- Living area
- 4,009 sqft
- Lot size
- 11,300 sqft
- Year built
- 1957
- Type
- Quadruplex
- Days on market
- 72
- On market
- August 18, 2026
- MLS #
- B26065700
About this quadruplex
Multi-family investment opportunity with immediate cash flow: 5 rentable units on one 11,300 SF lot in Fort Lauderdale. A fourplex (4-plex) with four 2BD/1BA units at $1,800/month each, plus a separate 4BD/2BA single-family home at $2,800/month, for $10,000/month and $120,000 in gross annual income. NOI of approximately $74,000 for a 6.2% CAP rate. Tenants in place. CBS block construction, with sufficient parking, fenced backyard with gazebo and BBQ area, and no HOA. A separate outbuilding currently used for storage offers value-add upside, with potential conversion to a laundry facility or additional living space, subject to applicable approvals. Ideal for investors seeking multiple income streams, rental income and future upside. Lot size and property information based on BCPA records.
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Listing courtesy of Keller Williams Realty Consult, 954-688-5400. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.