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 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 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 close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction.

Features
: Wall/window Unit(s)
: 12
: Laundry Facilities, Natural Gas
: Tile, Vinyl
: City Location, In Residential Area
: Common
: Shingle
: Smoke Detector(s), Other Fire Protection
: Public Sanitation
Address Map
FL
Broward County
Fort Lauderdale
33312
1415 SW 1st Ave # 8
0
W81° 51' 22.2''
N26° 6' 14.6''
MLS Addon
: Cbs Construction, Frame
0
: Furniture/fixtures, Building & Land, Furniture, Fixtures
: All Cash, Conventional/refinance, Exchange
: City Street
: Sale
1
: Commercial
$23,170
2024
: Public
RML-25

Commercial Sale For Sale

1415 SW 1st Ave # 8, Fort Lauderdale, Florida 33312

13,802 Sqft
$1,950,000
Listing ID #A11753988
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11753988
Price : $1,950,000
Year Built : 1974
Lot Area : 13,802 Sqft
Building Area : 4,910 Sqft
Status : Active
Agent info
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