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    1415 SW 1St St Fort Lauderdale, FL 33312

    For Sale
    $1,749,000

    Multi Family - Fort Lauderdale, FL

    Type:Single Family Attached
    Lot size:
    0.32 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1415 SW 1St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    RML-25
    APN
    504209180300
    Parking
    12
    Lot size
    0.32 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Multi Units, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1974
    Number of units
    8
    Flooring type
    Tile, Vinyl
    Building materials
    Block, Frame
    Roof type
    Shingle
    Architectural style
    Other

    Canvas Real Estate (954) 332-7121 [email protected]

    Listing agent Jamie Deal (954) 332-7121 License #3271017

    Listing date Oct 24, 2025

    MLS# A11814830 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Multifamily Investment Opportunity

    This legal 8-plex presents an investment opportunity with vacation rental income and development potential, situated in the Sailboat Bend neighborhood of downtown Fort Lauderdale. The property includes a detached 3-bedroom, 1-bath home and seven 1-bedroom, 1-bath apartments. Currently, five units are fully furnished vacation rentals, while three are designated for long-term tenants. The property provides immediate income with the potential for increased cash flow and a higher cap rate within the first year. Zoned RML – 25, the 0.32-acre lot offers development possibilities. The property features ample parking and an on-site laundry facility. Each unit is individually metered for electricity. Its location provides convenient access to Las Olas Boulevard, restaurants, nightlife, the beach, Fort Lauderdale-Hollywood International Airport, the cruise port, and public transportation, making it suitable for rentals and new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1612648
    Latitude
    26.1213028

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    FAQs

    What type of property is this?
    Apartment building - 8-unit multifamily property with vacation rental income potential in Fort Lauderdale.
    Where is this apartment building located?
    The property is located at 1415 SW 1St St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,749,000.
    What are key features of this property?
    This property features: - Legal 8-Plex Investment Opportunity in Desirable Sailboat Bend.; - Immediate Income with Vacation Rental Units and Long-Term Tenants.; - RML-25 Zoning Allows for Future Development Potential.
    (954) 332-7121
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    1415 SW 1St St Fort Lauderdale, FL 33312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 SW 1St St Fort Lauderdale, FL 33312
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