560 Ne 15th Avenue, Fort Lauderdale, FL 33301

Sold Price
$1,195,000
List Price
$1,199,900
Closing Date
Mar 31, 2026
MLS#
F10532075
Status
CLOSED
Type
Commercial

Property Description

Exceptional 5-plex investment opportunity on a prime corner lot in highly sought-after Victoria Park. 6.7%+ cap rate. Cheapest price/door for conforming building! Each unit features 1 bed/1 bath. Property is well-maintained and in excellent overall condition, making it ready for immediate occupancy or poised for strategic upgrades to maximize rental income, and short term rental prospect. Major capital improvement completed, including new roof (2023), new mini splits, vinyl flooring, high hats, new appliances & all new electric panels. All units currently occupied. Additionally, a separate laundry room offers extra value for tenants-an attractive amenity in Victoria Park. Secure an asset in a renowned location w/ long term value & appreciation.

Additional Information

Days on Market
134
Tax Amount
$18,730
Water Access
Land Only, Business; Building And Land
Parcel Number
504202110130
Lot Size
6,192
Address
560 Ne 15th Avenue, Fort Lauderdale
Year Built
1953

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy of Premier Investments Realty, Contact:

Selling Office: EXP Realty LLC.