1108 Ne 15th Ave

$1,795,000, 6,966 Sqft

About This Property

Amazing Find!13 Units On A Double Lot Only 2 Miles From The Beach! 8 Units Are 1 Bedroom 1 Bath. One Unit Has 2 Bedrooms 2 Baths & 4 Units Are Studios. Coin Operated Laundry Used For Additional Income. Current Rents Are Way Below Market. Actual Gross Income Is $138,480 Proforma Gross Income: $186,000. Total Expenses: $36,270 Expenses Include Taxes: $14,990 Lawn: $750 Insurance: $9,314 Water: $4,610 Electric: $ 3,006 Trash: $3,600. Projected Cap is 8%.

Essential Information

MLS® #F10177401
Square Footage6,966
Year Built1961
TypeResidential Income

Community Information

Address1108 Ne 15th Ave
SubdivisionProgresso 2-18 D
CityFort Lauderdale
CountyBroward County
Zip Code33304-2348


Parking Spaces12


HeatingNo Heat
CoolingWall/Window Unit Cooling
# of Stories2


Lot Description1/4 To Less Than 1/2 Acre Lot
RoofComp Shingle Roof
ConstructionConcrete Block Construction

Additional Information

Days on Market123

Listing Details

OfficeFidelity Real Estate Group LLC

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1108 Ne 15th Ave, Fort Lauderdale (MLS® #F10177401) Property History

Price Increased from $1,750,000 to $1,795,000

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