Florida
Fort Lauderdale
1415 SW 1st Street 1-8

$1,845,000

1415 SW 1st Street 1-8, Fort Lauderdale, FL 33312

4,910 sqft

Multi-Family Home
Built in 1974
0.32acre lot
—— car garage
$376/sqft
Listed 5 months ago

Property 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 one bed/one bath apartments. Five fully furnished vacation rental units, 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 to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.

Listing Status:: Active
Date Added:: February 28, 2025 at 06:00AM
Listing Office:: Canvas Real Estate : 954-880-2550
Listing Agent:: Jamie Deal : 954-297-4884
MLS ID:: A11814830

Flooring: TileVinyl
A/C: Wall/Window Unit(s)
Heating: Central GasWall/Window Units

This listing courtesy of Jamie Deal, Canvas Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

North Fork Elementary School

101 NW 15th Ave, Fort Lauderdale, FL, 33311

Grades PK-5

0.16 miles away

Dillard 6-12 School

2501 NW 11th St, Fort Lauderdale, FL, 33311

Grades 6-12

1.55 miles away

Stranahan High School

1800 SW 5th Pl, Fort Lauderdale, FL, 33312

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.