1116-1118 NE 15th Ave Fort Lauderdale FL 33304 MLS #A11642846

1116-1118 NE 15th Ave
Fort Lauderdale, FL, 33304
$658,000
Beds
0 Baths
1,120 SqFt
0 Acres
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Investment Opportunity, a meticulously updated duplex two 1-bed 1-bath units. Each unit has spacious living areas, modern kitchens, including new roof, appliances, electrical system, plumbing, flooring, impact windows and doors, and new AC units. Both units are currently rented, generating solid income with tenants covering water and electricity expenses. Currently a 5% CAP rate, with potential for increased return. Situated on a generous 6,502 sq. ft. lot with RC15 zoning, there’s ample room for future growth, adding a pool or a third unit. Located near shops, dining, and public transportation. It offers both front and gated parking. Ideal for investors, short term rental or owner-occupants seeking rental income with future growth potential. Don’t miss out on this opportunity!

Property Details

Price:
$658,000
MLS #:
A11642846
Status:
Active
Beds:
0
Baths:
0
Address:
1116-1118 NE 15th Ave
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PROGRESSO
Neighborhood:
Progresso
City:
Fort Lauderdale
Listed Date:
Aug 16, 2024
State:
FL
Finished Sq Ft:
1,120
Total Sq Ft:
1,120
ZIP:
33304
Year Built:
1952
Units:
2
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Interior

Cooling
Wall/ Window Unit(s)
Flooring
Tile
Heating
None

Exterior

Architectural Style
Attached
Exterior Features
Room For Pool
Parking Spots
4
Roof
Shingle

Financial

Tax Year
2023
Taxes
$7,283

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Community

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