For Sale
1415 1st Street, Unit 1-8, Fort Lauderdale, Florida 33312
$1,895,000
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.
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Details
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Property Type: Commercial
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Property SubType: Multi Family
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Listing Type: For Sale
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Listing ID: A11814830
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Price: $1,895,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1974
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Status: Active
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Original Property Type: Commercial Sale
Features
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Heating System : Central, Wall Furnace, Gas, Window Unit
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Cooling System : Wall/window Unit(s)
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Roof Deck : Shingle
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Flooring : Tile, Vinyl
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Parking : Common
Location
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Country US
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State FL
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County Broward
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City Fort Lauderdale
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Zipcode 33312
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Neighborhood: Fort Lauderdale
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Street: 1st Street
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Street Number: 1415
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Floor Number: 0
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Unit No.: 1-8
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Longitude: W81° 51' 23.8''
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Latitude: N26° 7' 20.3''
Additional Info
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Stories: 1
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11814830
