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Turnkey Multifamily Investment Property
For Sale
$2,399,000

1225 NE 15th Avenue 1-9, Fort Lauderdale, FL 33304

Fully operational, high-income short-term rental investment in Fort Lauderdale.

Property Size3,770 SF
Price / SF$636.34
Days on Market189

Property Features for 1225 NE 15th Avenue 1-9

General Information

Standard status Active
Size 3,770 SF

Site & Location

Neighborhood Lrra

Building Details

Year Built 1968
Listing Agency: LoKation
Listed By: Patrizia Caterina Goglio · License #3370734
Source: Chenoregroup
Added: Apr 24 Changed: Oct 25 Last Checked: Oct 7 at 5:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LoKation

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Investment Insights

Based on property information with market context.

This is a fully operational short-term rental investment property located in Fort Lauderdale, zoned RM-15. The property has generated over $250,000 per year in documented short-term rental revenue. It is offered fully furnished and equipped. The property consists of two separate buildings with a total of nine guest accommodations and nine on-site parking spaces. The front building features two one-bedroom, one-bath units and two efficiency units. A central yard enhances the guest experience. The rear building includes two large 1 BED/1 BATH units, 1 spacious studio with a full kitchen, and 2 additional efficiency units. The property features new impact windows throughout and operates with shared washer and dryer facilities. The location is walkable, steps from Sunrise Boulevard with Publix, Walgreens, restaurants, cafés, and shops. The bike score is 46, indicating it is somewhat bikeable. The walk score is 54, indicating it is somewhat walkable. The transit score is 28, indicating some transit options are available. All furnishings, equipment, and operational elements are included in the sale.

Key Highlights

  • Over $250,000 gross annual short‑term rental income.
  • Turnkey 9‑unit multifamily property, fully furnished and equipped for immediate operation.**
  • RM‑15 zoning allows for short‑term rentals.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

2,646
Businesses Nearby

Demographics for 33304, FL

19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Fully operational, high-income short-term rental investment in Fort Lauderdale.
Where is this short term rental property located?
The property is located at 1225 NE 15th Avenue 1-9 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Over $250,000 gross annual short‑term rental income.; Turnkey 9‑unit multifamily property, fully furnished and equipped for immediate operation.**; RM‑15 zoning allows for short‑term rentals.
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