517 Nw 15th Terrace, Fort Lauderdale, FL 33311

$545,000
1,236
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$545,000
MLS
B26059145
Status
ACTIVE
Type
Multifamily
Living Area
1,236

Property Description

STRONG INCOME PRODUCING DUPLEX in the heart of Fort Lauderdale less than 2 miles from Las Olas. $37,800 annual income with potential upside > one of the tenants currently paying under market rents M2M. Both units are identical. Unit #1: $1,850/ month lease until June 2025 and Unit #2: $1,300/month M2M. BOTH UNITS HAVE BEEN RECENTLY RENOVATED. Unit #1 = 2/1 + WASHER/DRYER in unit. Unit #2 = 2/1 with WASHER/DRYER hook up only in unit (no washer and dryer currently offered to this tenant at their current rate but plumbing ready for use). NO CAST IRON! -- Cast iron has been replaced with PVC. New window A/C units installed 2024. CONCRETE ROOF in great condition!

Additional Information

Days on Market
15
Style
Duplex
Lot Size
5,650
Exterior Features
Exterior Lights
Year Built
1958
Development Name
Dorsey Park First Add
#Stories
1
Construction Type
Stucco

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Blue Realty Team, LLC, Contact: