Basic Information

  • Type Multi Family
  • Status Active
  • Year Built 1974
  • Total Sqft 13,802
  • Date Listed 06/03/2025
  • Days on Market 6
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block, Frame
  • Parking Description Common
  • Roof Description Shingle
  • Style Multi Family

Interior Features

  • Adjusted Sqft 13,802Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Tile, Vinyl
  • Heating Description Central, Gas, Window Unit, Wall Furnace
  • Sqft 13,802 Sq.Ft

Property Features

  • Address 1415 SW 1st St #1-8
  • Aprox. Lot Size 13,802
  • City Fort Lauderdale
  • Construction Materials Block, Frame
  • County Broward
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Parking Features Common
  • Possession Closing And Funding
  • Postal City Fort Lauderdale
  • Public Survey Section One
  • Roof Shingle
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $23,170
  • Tax Legal desc R I V E R H I G H L A N D S A M E N P L A T15-69 B L O T16,17 B L K6
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Water Source Public

1415 SW 1st St #1-8

Fort Lauderdale, FL 33312

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Canvas Real Estate. tel: 954-332-7121

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