Income Triplex with
715 NW 15TH Terrace Fort Lauderdale, FL 33311
New
For Sale
$615,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,853 SF
Lot Size0.13 Acres
Price / SF$331.89
Days on Market4
Property Features for 715 NW 15TH Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- RC-15
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3
- Standard status
- Active
- APN
- 504204280260
- Size
- 1,853 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CARVER PARK 19-21 B LOT 16 BLK 2
- Tax Annual Amount
- 10760
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- CBS
- Roof type
- Shingle
Listing Agency:
Brookfield Executive Real Esta
(954) 951-9344
Listed By:
Devin M Ruiz · License #3318029
(954) 429-5649
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 25 at 4:06PM
MLS# B26055387
Copyright © 2026 BeachesMLS. 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 income-producing triplex includes three tenant-occupied 2-bedroom, 1-bath units. Each unit has its own living area with a kitchen, two bedrooms, and one bathroom, and all units share the same floor plan. Patio areas are included for each unit, and each unit has washer/dryer in place.
The property is zoned RC-15 and totals 0.13 acres. The 2026 roof replacement is noted, and the bathrooms are described as newly remodeled.
All three units are already in place, providing an occupied setup for an investor seeking a stabilized multi-family asset.
The property is zoned RC-15 and totals 0.13 acres. The 2026 roof replacement is noted, and the bathrooms are described as newly remodeled.
All three units are already in place, providing an occupied setup for an investor seeking a stabilized multi-family asset.
Key Highlights
- Triplex with three tenant‑occupied 2‑bedroom, 1‑bath units in Fort Lauderdale
- Each unit includes a living area, kitchen, bedrooms, and bathroom with the same floor plan
- Patio areas for each unit with washer/dryer
Financial Insights For Multifamily LT 5
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 | $46.7k | $25.20 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $44.1k | $23.81 |
| − OpEx | −$13.2k | −$7.14 |
| NOI | $30.9k | $16.67 |
1,853 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$441.3K
$386.1K – $514.8K
NOI $30,889 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$397.5K
$347.8K – $463.8K
NOI $27,825 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,165 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three tenant-occupied 2-bedroom, 1-bath units each include a patio and in-unit washer/dryer hookups.
Where is this triplex located?
The property is located at 715 NW 15TH Terrace Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Triplex with three tenant‑occupied 2‑bedroom, 1‑bath units in Fort Lauderdale; Each unit includes a living area, kitchen, bedrooms, and bathroom with the same floor plan; Patio areas for each unit with washer/dryer
