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1539 NW 8Th Ave Fort Lauderdale, FL 33311

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For Sale
Contract
$780,000

Modernized fourplex with remodeled units and income opportunities.

Property Features for 1539 NW 8Th Ave

General Information

Property type
Investment
Standard status
Contract

Building Details

Year built
1975

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Listing Contact
Alexander Novo
Source: Elliman

Listing Agent: Alexander Novo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Fourplex with Income Potential

This recently renovated fourplex presents potential for homeowners and investors. Each of the four units features 2 bedrooms and 1 bathroom, with remodeled kitchens. The property includes a total of 8 bedrooms and 4 bathrooms. Impact windows are installed throughout the building. Currently, the two front units are rented for $2,000 per month each. The two back units are vacant and can be rented for between $1,800 and $2,000 each, potentially generating a total monthly gross income of $7,600 to $8,000. There are 5 parking spaces available, allowing one space for each unit, with the possibility of renting out the two extra spaces for additional income. The addition of coin laundry could also provide extra income.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

Location Insight

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City
Fort Lauderdale
County
Broward
State
Florida
Longitude
-80.1534905
Latitude
26.1469247

FAQs

What type of property is this?
Quadplex - Modernized fourplex with remodeled units and income opportunities.
Where is this quadplex located?
The property is located at 1539 NW 8Th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: - Recently renovated fourplex with remodeled kitchens.; - Impact windows for enhanced security and tranquility.; - Strong income potential: $7,600-$8,000 potential monthly gross income.
More about this property
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