Lake Ridge, 1116-1118 NE 15th Ave Fort Lauderdale, 33304

$616,550Price
1,120SqFt

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Size: 1,120 ft2 / 104 m2
Price: $550 ft2 / $5,925 m2
Built: 1952
MLS Number: A11681803
On Site: 11 Days
Updated: 6 Days ago
Page Views: 0
Motivated seller, accepting offers! , a meticulously updated duplex two 1bed 1bath units. Each unit has spacious living areas, modern kitchens, including new roof, appliances, electrical system, plumbing, flooring, impact windows and doors, and new ac units. Both units are currently rented, generating solid income with tenants covering water and electricity expenses. *currently a 5% cap rate*, with potential for increased return.situated on a generous 6,502 sq. Ft. Lot with rc15 zoning, there’s ample room for future growth, adding a pool or a third unit. Located near shops, dining, and public transportation. It offers both front and gated parking. Ideal for investors, short term rental or owner-occupants seeking rental income with future growth potential. Don’t miss out on this opportunity
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: RoomForPool
Price History
10/24/2024

Date

Listed

Event

$616.6K

Price

$550 ft2 / $5,925 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Talita PinheiroCompass Florida, LLC. • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$500/ft²
$1,000/ft²
$1,600/ft²

Unit 1116-1118 NE 15th Ave – Asking

$550/ft²

(+47%) from Closed Medium $/ft²

Closed Medium $/ft²

$375/ft²
Community $/Price Range (Closed) $231/ft² – $1429/ft²
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