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Wade M. Berlin

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  4. 560 15th Ave, Fort Lauderdale, FL 33301
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560 15th Ave
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PRICED AT ONLY: $1,299,900

Address: 560 15th Ave, Fort Lauderdale, FL 33301

Description

Exceptional 5 plex investment opportunity on a prime corner lot in highly sought after Victoria Park. Each unit features 1 bed/1 bath, with 2 of the bathrooms recently remodeled to a modern standard and more upgrades being done. The property is well maintained and in excellent overall condition, making it ready for immediate occupancy or poised for strategic upgrades to maximize rental income. Major capital improvements have already been completed, including a brand new roof (2023), new mini splits, & all new electric panels. 2 units currently occupied w/ below market rentals. Additionally, a separate laundry room offers extra value for tenants an attractive amenity in Victoria Park. Dont miss this rare chance to secure an asset in a renowned location w/ long term value & appreciation.

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  • MLS#: F10532075 ( Commercial/Industrial )
  • Street Address: 560 15th Ave
  • Viewed: 4
  • Price: $1,299,900
  • Price sqft: $470
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 2763
  • Days On Market: 24

Description

Exceptional 5 plex investment opportunity on a prime corner lot in highly sought after Victoria Park. Each unit features 1 bed/1 bath, with 2 of the bathrooms recently remodeled to a modern standard and more upgrades being done. The property is well maintained and in excellent overall condition, making it ready for immediate occupancy or poised for strategic upgrades to maximize rental income. Major capital improvements have already been completed, including a brand new roof (2023), new mini splits, & all new electric panels. 2 units currently occupied w/ below market rentals. Additionally, a separate laundry room offers extra value for tenants an attractive amenity in Victoria Park. Dont miss this rare chance to secure an asset in a renowned location w/ long term value & appreciation.
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Features
Building and Construction
  • Ceiling Description: Other Ceiling
  • Construction Type: Cbs Construction
  • Floor Description: Other Floors, Tile Floors
  • Maximum Leasable Sqft: 2700
  • Num Stories: 1.0000
  • Roof Description: Comp Shingle Roof
  • Year Built Description: Resale
Property Information
  • Property Description: 5-plex w/. separate laundry
  • Transaction Type Mlx: Sale
  • Typeof Property: Income/Multi-Family
Land Information
  • Lot Sq Footage: 6192
  • Subdivision Number: 11
  • Total Acreage: 0.1400
Garage and Parking
  • Parking Description: Assigned Parking
Eco-Communities
  • Water Description: Public Water
Utilities
  • Sewer Description: Public Sanitation
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: Ft Ldale SE (3280;3600;3800)
  • Information Available: Other Available Information
  • Legal Description: LAS OLAS PARK CORR PLAT 6-12 B LOT 1 BLK 2
  • Locationof Property: Corner Lot, In Residential Area
  • Miscellaneous Information: Exterior Lighting, Fenced Area, Landscaped, Private Restrooms
  • Parcel Number: 504202110130
  • Possession Information: Funding
  • Postal Code + 4: 1356
  • Sale Includes: Building & Land
  • Zoning Information: RC-15
Nearby Subdivisions
Beverly Heights   Colee Hammock   Colee Hammock 1-17 B   Davis Add 3-28 D   Las Olas Park Corr 6-12 B   North Lauderdale Amd 1-18   North Lauderdale Amended Plat   Riviera 6-17 B   Stranahans Sub 3-115 D 2-   Victoria Park Corr Amd   Works Resub  
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