1116-1118 NE 15th Ave, Fort Lauderdale, 33304

  • $658,000

Listing UP for Sale

Fort Lauderdale

1116-1118 NE 15th Ave, Fort Lauderdale, 33304

Fort Lauderdale

  • $658,000

Overview

Property ID: A11642846
  • Property Type
  • Duplex
  • 1120
  • sqft
  • 1952
  • Year Built

Description

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!

  • Address 1116-1118 NE 15th Ave
  • City Fort Lauderdale
  • State/county Florida
  • Zip/Postal Code 33304
  • Area Broward County

Details

Updated on September 12, 2024 at 8:14 am
  • Property ID: A11642846
  • Price: $658,000
  • Property Size: 1120 sqft
  • Year Built: 1952
  • Property Type: Duplex
  • Property Status: Listing UP for Sale

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