About 560 Ne 15th Avenue
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.
Features of 560 Ne 15th Avenue
| MLS® # | F10532075 |
|---|---|
| Price | $1,199,900 |
| Acres | 0.14 |
| Year Built | 1953 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active Under Contract |
Community Information
| Address | 560 Ne 15th Avenue |
|---|---|
| Area | 3280 |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33301 |
Amenities
| Parking | Assigned |
|---|
Interior
| # of Stories | 1 |
|---|
Exterior
| Lot Description | Landscaped |
|---|---|
| Roof | Composition, Shingle |
| Construction | CBS |
Additional Information
| Zoning | RC-15 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Premier Investments Realty |
|---|