526 NW 15th Way

Fort Lauderdale, FL 33311
  • $1,200,000

    Price
  • 12

    Bed
  • 6

    Bath
  • 4,009

    SqFt
  • 0.26

    Acre

About the Listing 278013216 - 3354597

Multi-family investment opportunity with immediate cash flow: 5 rentable units on one 11,300 SF lot in Fort Lauderdale. A fourplex (4-plex) with four 2BD/1BA units at $1,800/month each, plus a separate 4BD/2BA single-family home at $2,800/month, for $10,000/month and $120,000 in gross annual income. NOI of approximately $74,000 for a 6.2% CAP rate. Tenants in place. CBS block construction, with sufficient parking, fenced backyard with gazebo and BBQ area, and no HOA. A separate outbuilding currently used for storage offers value-add upside, with potential conversion to a laundry facility or additional living space, subject to applicable approvals. Ideal for investors seeking multiple income streams, rental income and future upside. Lot size and property information based on BCPA records.

Listing Highlights for 526 NW 15th Way

Status Active
Days on Site 78
Property Type Multi-Family
MLS ® B26065700
Year Built 1957
Total Square Footage 4,009
Lot/Acreage 0.26
County Broward
Area 3460
Elementary School North Fork
Middle School Parkway
High School Stranahan

Interior Details

  • Bedrooms: 12
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond: Ceiling Fan(s),Ductless,Heat Pump,Wall/Window Unit(s)
  • Heating: Electric,Heat Pump,Natural Gas,Wall Furnace
  • Fireplaces:
  • Floor: Tile,Wood
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 1/4 to 1/2 Acre Lot,Gazebo,Outbuilding,Shed(s),Storage
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Lot Dimensions: 11300
  • Zoning: RS-8
  • Roof: Flat
  • Others: Barbecue,Storage
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $21,674
  • Taxes w/Assessments: $850,190
  • Tax/Property ID: 504204240470
  • Tax Year: 2025

Payment Calculator

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Listing Location

Questions About..

526 NW 15th Way Fort Lauderdale, FL 33311

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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