Banke Ayanleke

526 NW 15th Way, Fort Lauderdale, FL 33311

$1,200,000

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Property Description

Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.

526 NW 15th Way | MLS# B26065700

This multi-family property located at 526 NW 15th Way, Fort Lauderdale, FL 33311 is currently listed for sale with an asking price of $1,200,000. Search Fort Lauderdale real estate on www.bankeayanleke.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Ductless, Heat Pump, Wall/Window Unit
Fenced: Yes
Heating: Electric, Heat Pump, Natural Gas, Window/Wall
Lot Size: 0.26 Acres
Roof Type: Flat
Stories: 1.0
Taxes: $21,674
Year Built: 1957
Square Feet: 4,009

Amenities

Barbecue
Storage

Feature Descriptions

Days on Site: 7
Exterior: Block, Stucco, CBS
Fencing: Back Yard, Fenced
Flooring: Tile, Wood
Lot Dimensions: 11300
Parcel#: 504204240470
Pets Allowed: No
Restrictions: Other Restrictions
Sewer: Public Sewer
SQFT Living: 4009
Structure Type: House, Quadruplex
Units: 2
Utilities: Cable Not Available
Utilities: Cable Not Available
Water: Public

Local Schools

High School: Stranahan
Middle School: Parkway
Elementary School: North Fork

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Consultants
Agency Phone: 954-688-5400

Shown By

Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 8,205.09 per month $6,048.93 Principal & Interest $1,806.17 Property Tax $350.00 Homeowner's Insurance

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