Multifamily in Fort Lauderdale, FL 33304Lake Ridge, 1116 NE 15th Ave #1-2
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OFF MARKET
1,120
SqFtStatus
OFF MARKETExpired
Size
1,120 SqFt (104 m2)
Price
$579/SqFt ($6,237/m2)
Type
Multifamily
Built
1952
MLS Number
A11642846
On Site
750 Days
Updated
699 Days ago
Page Views
0
Investment Opportunity, a meticulously updated duplex two 1-bed 1-bath 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
Interior, Heating and Cooling
- Heating Description: None
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Tile
- Windows/Treatment: ImpactGlass
- Year Built: 1952
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-08-22T15:17:43.000-00:00
Taxes, Fees & More
- Taxes: 7283
Apples-to-Apples Comparables
Price History
Current
$649K
High
$658K
Low
$649K
Total Change
-1.4%Date
Event
Price
Change
Price Per
10/12/2024
Price Reduced
$649K
-1.37%$579 ft2
$6,237 m2
08/16/2024
Listed
$658K
 $588 ft2
$6,324 m2
10/12/2024
$649K
Event
Price Reduced
Change
-1.37%Price Per
$579 ft2
$6,237 m2
08/16/2024
$658K
Event
Listed
Price Per
$588 ft2
$6,324 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Talita Pinheiro • Compass Florida, LLC. • Buyer Agency Compensation .
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Scores
81
100
38
100
57
100
77
100
0
100
29
100
1
100
Community Snapshot
1 – 4 BR
Bedrooms
$145K – $1.6M
Price Tier
540 - 10,650
SqFt Range
2004
Year Build
2
Total Floors
Subdivision Amenities
None
Pool
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Lake Ridge Communities in Fort Lauderdale, FL
Mid-Tier
Mid-Tier 4
Premium
Premium 2
Entry-Level
Entry-Level 4
Inactive Segment
Inactive Segment 2
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