633 NW 15th Ave, Fort Lauderdale, FL 33311
Eleven-unit multifamily property near downtown Fort Lauderdale, being sold as-is.
- Added:
- Feb 6, 2026
- Days on Market:
- 151
- Last Refresh:
- Jul 2 at 8:37 am
Property Features for 633 NW 15th Ave
General Information
- Standard status
- Active
- Size
- 2,570 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing office EXP Realty LLC
Listing date Feb 6, 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 EXP Realty LLC
HighLights
- Good location, walking distance to several local parks, and easy access to Sunrise and Broward Blvd.
- Approximately 5 minutes from downtown Ft Lauderdale and Flagler Village.
- Located in an Opportunity Zone.
- Property is currently built out as 11 units in 3 separate buildings.
- The property was renovated a few years ago.
- Year Built: 1959.
Overview
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 | $74.0k | $28.80 |
| − Vacancy | −$3.8k | −$1.50 |
| EGI | $70.2k | $27.30 |
| − OpEx | −$31.6k | −$12.29 |
| NOI | $38.6k | $15.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1623041
- Latitude
- 26.1302821
