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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)
Laundry Facilities, Natural Gas
Vinyl, Tile
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''
Additional Info
Canvas Real Estate
Jamie Deal
Frame, Cbs Construction
0
3271017
CREE02
All Cash, Exchange, Conventional/refinance
City Street
Sale
1
Commercial
$23,170
2024
Public
RML-25
02/28/2025 20:07:17
$0

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

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

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