526 NW 15TH Way, Fort Lauderdale, FL 33311

$1,200,000
4,009
SqFt

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List Price
$1,200,000
Days on Market
74
MLS#
B26065700
Sq. Ft
4,009
Subtype
Quadruplex
County
Broward
Subdivision
Dorsey Park First Add
Year Built
1957

Property Description

Multi-family investment opportunity with immediate cash flow: 5 rentable units on one 11,300 SF lot in Fort Lauderdale. A fourplex (4-plex) with four 2BD/1BA units at $1,800/month each, plus a separate 4BD/2BA single-family home at $2,800/month, for $10,000/month and $120,000 in gross annual income. NOI of approximately $74,000 for a 6.2% CAP rate. Tenants in place. CBS block construction, with sufficient parking, fenced backyard with gazebo and BBQ area, and no HOA. A separate outbuilding currently used for storage offers value-add upside, with potential conversion to a laundry facility or additional living space, subject to applicable approvals. Ideal for investors seeking multiple income streams, rental income and future upside. Lot size and property information based on BCPA records.

Additional Information

Pets Allowed
No
Construction
CBS (Concrete Block Structure), Block, Stucco
Cooling
Ceiling Fan(s), Ductless, Heat Pump, Wall/Window Unit(s)
Flooring
Tile, Wood
Heating
Electric, Heat Pump, Natural Gas, Wall Furnace
Restrict
Other Restrictions, OK To Lease
Roof
Flat
Taxes
$21,674
Utilities
Cable Not Available
Stories
1
Acres
0.26
Price Per Sqft
$299
Elementary School
North Fork
Middle School
Parkway
High School
Stranahan

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Listing courtesy of Keller Williams Realty Consult. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Michael Topow | Email: mtopow@kw.com