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    Nine-Unit Multifamily with Redevelopment Potential Title is generated by Realmo AI

    3315 SW 15th Ave # 9 #1-9, Fort Lauderdale, FL 33315

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    Nine income-producing units on a large lot offer both current housing and redevelopment flexibility near I-95.

    Type:Multifamily
    Property size:
    9,000 SF
    Price / SF:
    $221/SF
    Added:
    Jun 14, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 20 at 8:26 am

    Property Features for 3315 SW 15th Ave # 9 #1-9

    General Information

    Standard status
    Active
    Size
    9,000 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1951

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    Listing Contact
    Joseph Iaciofano

    Listing agent Joseph Iaciofano License #3286424

    Listing office Compass Florida, LLC

    Listing date Jun 14, 2026

    Source Crexi

    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 Compass Florida, LLC

    HighLights

    • 9‑unit multifamily property built in 1951
    • Unit mix includes 3 two‑bedroom units and 6 one‑bedroom units
    • Includes six standalone cottages plus three additional detached units for flexible operations
    • Oversized 37,000 SF lot with redevelopment‑focused positioning
    • Located about 1 minute from I‑95 and approximately 3.5 miles to Las Olas Boulevard
    • About 4.5 miles from Fort Lauderdale Beach; properties across the street have been redeveloped into new‑construction townhomes

    Overview

    This offering is a nine-unit multifamily property with a unit mix of three two-bedroom units and six one-bedroom units. The configuration includes six standalone cottages plus three additional detached units, providing operational flexibility and a straightforward residential layout.

    The property sits on an approximately 37,000-square-foot lot. It is described as being about one minute from I-95, approximately 3.5 miles from Las Olas Boulevard, and roughly 4.5 miles from Fort Lauderdale Beach, supporting convenient access to downtown Fort Lauderdale and surrounding dining, shopping, and transportation.

    For buyers and operators, the current detached cottage-style layout can fit well for those seeking an income-producing residential asset while evaluating future redevelopment plans. The listing notes development activity across the street, with redeveloped properties referenced as new-construction townhomes; it further states that there may be an opportunity to construct up to nine townhomes (buyer to independently verify zoning, density, approvals, and development requirements).

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $259.2k $28.80
    − Vacancy −$13.5k −$1.50
    EGI $245.7k $27.30
    − OpEx −$110.6k −$12.29
    NOI $135.1k $15.02
    9,000 SF · lease $28.80/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.93M
    $1.69M – $2.25M (±1% cap)
    NOI $135,147 @ 7.0% cap · market cap 6.77%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.05M
    $5.29M – $7.06M (±1% cap)
    NOI $423,360 @ 7.0% cap · market cap 21.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Davis Debbie Business Management Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1027716
    Latitude
    26.1468314

    FAQs

    What type of property is this?
    Apartment building - Nine income-producing units on a large lot offer both current housing and redevelopment flexibility near I-95.
    Where is this apartment building located?
    The property is located at 3315 SW 15th Ave # 9 #1-9 Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 9‑unit multifamily property built in 1951; Unit mix includes 3 two‑bedroom units and 6 one‑bedroom units; Includes six standalone cottages plus three additional detached units for flexible operations
    (954) 263-5234 Call to check price and availability
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