Multifamily in Fort Lauderdale, FL 33311
Dorsey Park, 526 NW 15th Way

$1.4M7.1%
$1,300,000
4,009
SqFt
Status
OFF MARKETExpired
Size
4,009 SqFt (372 m2)
Price
$324/SqFt ($3,490/m2)
Type
Multifamily
Built
1957
HOA
N/A
MLS Number
F10493079
On Site
542 Days
Updated
464 Days ago
Page Views
0
Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 8%. The first property consists of a Single Family home (4 beds, 2 baths), generating $3,000/month in rental income. Additionally, there's a quadplex on the lot, with four 2/1 units, generating $1,800/month per unit for a total of $7,200/month. The property also includes an extra building currently being used for storage, which could potentially be converted into a laundry facility, or another living space offering an opportunity for additional revenue. The total lot size is 11,300 sqft. The second lot is vacant and zoned Residential. It's 5,650 sqft in size, offering development potential. All lot sizes and details are pulled directly from BCPA for accuracy.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1957
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-03-18T16:56:18.000-00:00
          Taxes, Fees & More
          • Taxes: 18659
          • Total Units in Building: 2

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          Price History

          Current
          $1.3M
          High
          $1.4M
          Low
          $1.3M
          Total Change
          -7.1%
          $1.4M$1.4M$1.3MMar 25Jun 25
          Date
          Event
          Price
          Change
          Price Per
          06/04/2025
          Price Reduced
          $1.3M
          -7.14%
          $324 ft2
          $3,490 m2
          03/18/2025
          Listed
          $1.4M
           
          $349 ft2
          $3,759 m2
          06/04/2025
          $1.3M
          Event
          Price Reduced
          Change
          -7.14%
          Price Per
          $324 ft2
          $3,490 m2
          03/18/2025
          $1.4M
          Event
          Listed
          Price Per
          $349 ft2
          $3,759 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Michael Topow • Keller Williams Realty Consultants • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          61

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          47

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          50

          100
          Sound Score®
          Bearable noise
          77

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          30

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          2 – 4 BR
          Bedrooms
          $140K – $1.2M
          Price Tier
          720 - 4,009
          SqFt Range
          1960
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

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