MLS#A11972748
STATUSActive With Contract
PROPERTY TYPECommercial - Business
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. Four fully furnished vacation rental units, 4 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.
Property Features
Property Type: Commercial - Business
Cooling: Wall/Window Unit(s)
Heating: Wall/Window Units
Lot Size: 0.32 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $26,091
Year Built: 1975
Feature Descriptions
Building Features: Room For Pool
Crops Included Y/N: No
Days on Site: 77
Exterior: Concrete Block Construction, CBS Construction, Frame
Flooring: Tile, Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Lot: City Location, In Residential Area
Parcel#: 504209180300
Property Attached Y/N: No
Property Sub-Type: Income/MultiFamily
Sewer: Public Sanitation
Water: Public
Listed By / Shown By
Listed By
Agency Name: Canvas Real Estate
Agency Phone: 954-880-2550
Shown By
Agent Name: Daniel Nitsch
Agent Phone: (701) 690-0811
Agency Title: Adams Cameron & Co. REALTORS
1415 SW 1st Street, Unit 1-8 | MLS# A11972748
This commercial property located at 1415 SW 1st Street, Unit 1-8, Fort Lauderdale, FL 33312 is currently listed for sale with an asking price of $1,649,000. Search Fort Lauderdale real estate on danielnitsch.adamscameron.com today.