For Sale
$1,495,000

1239 15Th Ave Fort Lauderdale, FL 33304

Renovated 4-unit multifamily, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fully renovated and furnished four-unit multifamily property located in desirable Wilton Manor, Florida. The property, built in 1959, comprises a total of 2,521 square feet on a single story. The unit mix includes one spacious two-bedroom, two-bathroom unit and three one-bedroom, one-bathroom units. Each unit boasts its own private patio, adding to the appeal for tenants. Ample parking is provided with five designated spaces. The property's strong financial performance is evident in its impressive income generation. Current Airbnb operations yield over $150,000 annually, maintaining a perfect five-star rating. Alternatively, the property generates a substantial $97,200 annually through traditional annual leases. This presents a flexible investment strategy catering to various preferences. Situated near Fort Lauderdale Beach, Hugh Taylor Birch State Park, and a vibrant array of dining establishments, the property benefits from a prime location with high demand for rental units. The asking price for this turnkey investment is $1,495,000. This represents a rare opportunity to acquire a high-performing, well-maintained multifamily property in a sought-after area.

Property Details for 1239 15Th Ave

Property type
Apartment buildings, Small apartment buildings
Square Feet
2,521 SF
Year Built
1959
Stories
1

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.142249
Longitude
-80.1291981

FAQs

What type of property is this?
Apartment building - Renovated 4-unit multifamily, high income potential.
Where is the apartment building located?
The property is located at 1239 15Th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,495,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1239 15Th Ave
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