1116-1118 Northeast 15th Avenue

Fort Lauderdale, FL 33304

$649,000
Price
Beds
1,120 Sq. Ft.
$579 / Sq. Ft.
1,120
Sq. Ft.
$579
per Sq. Ft.

Description

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...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!

Property Details for 1116-1118 Northeast 15th Avenue

Subdivision
PROGRESSO
Style
Duplex
Waterfront
No
Area
3380
Geographic Area
Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Auction
No
Total Units
2
Num Stories
1
LISTING UPDATED: 10/12/2024 12:45 PM

Property Details for 1116-1118 Northeast 15th Avenue

StatusActive
MLS #A11642846
Days on Market68
Taxes$7,283 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built1952
Lot Size-
CountyBroward County
Buyer's Agent Compensation2.5%

Building Information for 1116-1118 Northeast 15th Avenue

Stories-Residences2Year Built1952Building Size-Lot Size-

Property Information for 1116-1118 Northeast 15th Avenue

Location Information
Location Information
  • Parcel Number Free Text: 494234043470
  • Parcel Number MLX: 3470
  • MLS Area: 3380
  • Township Range: 49
  • Section: 34
  • Subdivision Number: 4
  • Subdivision Complex Bldg: PROGRESSO
  • Unit Count: 3
  • Zoning Information: RC-15
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Attached
  • Approximate Lot Size: 6,502
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Shingle Roof
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None
  • Windows Treatment: High Impact Windows, Impact Glass
  • Exterior Features: Room For Pool
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE,X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: Survey Available
  • Information Available: Copy Of Lease(S), Rent Rolls

Property History for 1116-1118 Northeast 15th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1116-1118 Northeast 15th Avenue

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Bennett Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Virginia Shuman Young Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1116-1118 Northeast 15th Avenue is a multi-family home for sale in Fort Lauderdale, FL 33304. This property was listed for sale on August 16, 2024 by Compass, it's currently listed at $649,000. This listing's school district is Broward. Nearby schools include Bennett Elementary School, Sunrise Middle School and Fort Lauderdale High School. 1116-1118 Northeast 15th Avenue is a 0-bed, 0-bath, 1,120 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.