Remodeled-Interior
For Sale
$799,900
417 NW 15th Ave, Fort Lauderdale, FL 33311
Residential Income, Fort Lauderdale, FL
Property Size1,988 SF
Price / SF$402.36
Days on Market51
Property Features for 417 NW 15th Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
RS-8
Bedrooms
6
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2
Parking
6
Subdivision
DORSEY PARK FIRST ADD
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
504204240830
Size
1,988 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
DORSEY PARK FIRST ADD 21-30 B LOT 11 BLK 4
Tax Annual Amount
12406
Legal Description
DORSEY PARK FIRST ADD 21-30 B LOT 11 BLK 4
Utilities
Sewer type
Public Sewer
Building Details
Year built
1957
Floors in Building
1
Flooring type
Laminate
Building materials
CBS (Concrete Block Structure), Block
Roof type
Shingle
Listing Agency:
Compass Florida, LLC
(305) 315-2396
Listed By:
Alana Mujica · License #3484300
(786) 823-1688
Added: Aug 26
Changed: Oct 14
Last Checked: Oct 15 at 9:06AM
MLS# A12077868
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,988-square-foot triplex in Fort Lauderdale was built in 1957 and is being sold with its tenants in place. The residences have remodeled interiors, including laminate flooring. The building has concrete-block construction, a shingle roof, and public sewer service.
Showings require advance notice and coordination through the listing agent; occupants should not be approached or the property visited without a confirmed appointment.
Showings require advance notice and coordination through the listing agent; occupants should not be approached or the property visited without a confirmed appointment.
Key Highlights
- Triplex with 1,988 square feet of building area
- Built in 1957 with concrete‑block construction
- Remodeled interiors with laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,140
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,800
$662.8K
Cap Rate 7%
$473,429
$473.4K
Cap Rate 9%
$368,222
$368.2K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$50.1K $25.20/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$47.3K $23.81/SF
− OpEx
−$14.2K −$7.14/SF
NOI
$33.1K $16.67/SF
Area
Fort Lauderdale, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,800
Cap Rate 7%
$473,429
Cap Rate 9%
$368,222
Alternative Uses
Best Use
Multifamily LT 5
$473.4K
$414.3K – $552.3K
NOI $33,140 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$426.5K
$373.2K – $497.5K
NOI $29,852 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,516 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,327
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - All three residences are occupied, with existing tenants remaining in place at sale.
Where is this triplex located?
The property is located at 417 NW 15th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Triplex with 1,988 square feet of building area; Built in 1957 with concrete‑block construction; Remodeled interiors with laminate flooring
