About this home
Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
Listing last checked: Listing updated:
Listed by Michael Topow · Keller Williams Realty Consult · MLS #B26065700
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior3 property facts
- Heating
- Natural Gas, Electric, Heat Pump, Wall Furnace
- Cooling
- Ceiling Fan(s), Ductless, Heat Pump, Wall/Window Unit(s)
- Flooring
- Tile, Wood
Building4 property facts
- Style
- Quadruplex
- Year built
- 1957
- Parking
- 10
- Roof
- Flat
Land & utilities4 property facts
- Lot size
- 0.26 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RS-8
Financial2 property facts
- Annual taxes
- $21,674
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,200,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,874 / monthAdjust
- Principal & interest
- $6,068
- Property tax
- $1,806
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $21,674. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$2,000 · Sold $2,000 · Jun 8, 2024
- Sld
$659,990 · Sold $615,000 · Mar 13, 2021
Explore more of Fort Lauderdale
Continue your search in Fort Lauderdale.
Need help making sense of this home?
About 526 NW 15TH Way
Can I request a private showing?
Request a tour of 526 NW 15TH Way and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.