1415 SW 1st Street # 8, Fort Lauderdale FL 33312 | Broward County | A11814830
- $1,795,000
- Income/MultiFamily
1415 SW 1st Street # 8, Fort Lauderdale FL 33312 | Broward County | A11814830
- $1,795,000
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.
Address
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Address: 1st Street
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33312
Details
Updated on September 10, 2025 at 9:20 pm-
Property ID A11814830
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Price $1,795,000
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Land Area 0.32 Square Feet
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Year Built 1974
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Type Income/MultiFamily
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 4910
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BuildingAreaUnits Square Feet
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BuildingFeatures Room For Pool
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BusinessType Commercial/Residential Income, Residential-Multi-Family
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ConstructionMaterials CBS Construction, Frame
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ContractStatusChangeDate 2025-02-28
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Cooling Wall/Window Unit(s)
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DaysOnMarket 194
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DocumentsAvailable Other Available Information, Owner Managed
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Flooring Tile, Vinyl
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Heating Central Gas, Wall/Window Units
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Inclusions Building & Land, Furniture, Inventory
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 954-297-4884
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ListAgentEmail Jdealrealty@gmail.com
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ListAgentFullName Jamie Deal
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ListAgentKey 8ab12ecb1e5ce845ce08af2480eec564
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ListAgentMlsId 3271017
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ListAgentOfficePhone 954-880-2550
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ListAgentStateLicense 3271017
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ListOfficeFax 954-396-4455
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ListOfficeKey 9ca5d59e3ce7763ebd05215fb5e6f968
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ListOfficeMlsId CREE02
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ListOfficeName Canvas Real Estate
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ListOfficePhone 954-880-2550
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-02-28
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ListingKey 44419c672a738b19d051eed04c1bdf48
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ListingTerms All Cash, Conventional/Refinance
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LotFeatures City Location, In Residential Area
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LotSizeSquareFeet 13802
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MajorChangeTimestamp September 10, 2025 at 04:19pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp September 10, 2025 at 04:19pm
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NumberOfBuildings 2
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NumberOfUnitsInCommunity 8
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OnMarketDate 2025-02-28
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OriginalEntryTimestamp June 3, 2025 at 06:17pm
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OriginalListPrice 1895000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 504209180300
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ParkingFeatures Common
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ParkingTotal 12
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PhotosChangeTimestamp June 3, 2025 at 06:21pm
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PhotosCount 35
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Possession Funding
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PreviousListPrice 1845000
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PriceChangeTimestamp September 10, 2025 at 04:19pm
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PublicSurveyRange 50
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PublicSurveyTownship 50
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Roof Shingle
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SecurityFeatures Other Fire Protection, Smoke Alarm, Smoke Detector(s)
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Sewer Public Sanitation
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ShowingContactType Agent
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ShowingInstructions Appointment Only, Call Listing Agent
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SourceSystemKey 412355648
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SpecialListingConditions Sale
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StateOrProvince FL
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StatusChangeTimestamp June 3, 2025 at 06:17pm
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Stories 1
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StoriesTotal 1
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StreetDirPrefix SW
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StreetName 1st Street
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StreetNumber 1415
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StreetNumberNumeric 1415
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SyndicationRemarks 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.
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TaxAnnualAmount 23170
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TaxLegalDescription RIVER HIGHLANDS AMEN PLAT 15-69 B LOT 16, 17 BLK 6
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TaxYear 2024
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TenantPays A/C & Heating Maintenance, Electricity
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UnitNumber 1-8
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WaterSource Public
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Zoning RML-25
Features
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