517 NW 15th Terrace, Fort Lauderdale FL 33311

Fort Lauderdale, FL, 33311

$490,000

Property facts

Status
Active
Price
$490,000
Living area
1,236 sqft
Lot size
5,650 sqft
Year built
1958
Type
Duplex
Days on market
90
On market
August 1, 2026
MLS #
B26059145

About this duplex

STRONG INCOME PRODUCING DUPLEX in the heart of Fort Lauderdale less than 2 miles from Las Olas. $37,800 annual income with potential upside > one of the tenants currently paying under market rents M2M. Both units are identical. Unit #1: $1,850/ month lease until June 2025 and Unit #2: $1,300/month M2M. BOTH UNITS HAVE BEEN RECENTLY RENOVATED. Unit #1 = 2/1 + WASHER/DRYER in unit. Unit #2 = 2/1 with WASHER/DRYER hook up only in unit (no washer and dryer currently offered to this tenant at their current rate but plumbing ready for use). NO CAST IRON! -- Cast iron has been replaced with PVC. New window A/C units installed 2024. CONCRETE ROOF in great condition!

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Listing courtesy of Blue Realty Team, LLC, 954-626-8996. 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.