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Quadplex With Impact Windows

812 NE 15 Avenue, Fort Lauderdale, FL 33304

For Sale
$899,900
Under Contract

Residential Income, Fort Lauderdale, FL

Property Size2,547 SF
Lot Size0.15 Acres
Price / SF$353.32
Days on Market275

Property Features for 812 NE 15 Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 5
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
Patio and Porch features Patio
Fencing Fenced
Subdivision Victoria Park
Directions Sunrise Blvd west to NE 15 Ave south to property on east side.
Standard status Active Under Contract
APN 494234060710
Size 2,547 SF
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2025
Tax Description Progresso 2-18 D Lot 15 Blk 42
Tax Annual Amount 19289
Legal Description Progresso 2-18 D Lot 15 Blk 42

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

patios
washer & dryer
impact windows

Building Details

Year built 1971
Floors in Building 1
Number of units 4
Flooring type Tile
Building materials CBS
Roof type Shingle, Composition
Additional Structures Outbuilding
Buildings 2
Listing Agency: Campbell&Rosemurgy Real Estate
Listed By: Patricia A Karlin · License FL #0497372
Added: Feb 9 Changed: Oct 28 Last Checked: Nov 10 at 5:06AM
MLS# F10550284

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.

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Investment Insights

Based on property information with market context.

This 2,547-square-foot quadplex comprises two buildings with five residential units. The west building contains a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. The east building includes two large efficiency units and a studio with a kitchenette and bathroom with shower; the studio is vacant. All units feature impact windows, and the property includes several patios, on-site laundry equipment, fencing, tile flooring, and window or wall/window cooling units. Construction is CBS, with a composition and shingle roof, public water, and public sewer.

Located at 812 NE 15 Avenue in Fort Lauderdale’s Victoria Park, the property occupies a 50-by-135-foot lot totaling 6,750 square feet. Five electric meters serve the buildings, and existing leases run through 12/31/26. The property was built in 1971.

Key Highlights

  • Five residential units across two buildings
  • 2,547 square feet on a 6,750‑square‑foot lot
  • 50‑by‑135‑foot lot dimensions

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,458
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,160 $849.2K
Cap Rate 7%
$606,543 $606.5K
Cap Rate 9%
$471,756 $471.8K
Market Conditions
NOI Build-Up for 2,547 SF
Gross rent
$64.2K $25.20/SF
− Vacancy
−$3.5K −$1.39/SF
EGI
$60.7K $23.81/SF
− OpEx
−$18.2K −$7.14/SF
NOI
$42.5K $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%
$849,160
Cap Rate 7%
$606,543
Cap Rate 9%
$471,756

Alternative Uses

Best Use
Multifamily LT 5
$606.5K
$530.7K – $707.6K (±1% cap)
NOI $42,458 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$546.4K
$478.1K – $637.5K (±1% cap)
NOI $38,247 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,811 @ 7.0% cap · market cap 13.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,763
Businesses Nearby

Demographics for 33304, FL

19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in Fort Lauderdale, FL

$500 Jul
$495 Aug
$556 Sep
$567 Oct

Properties on Market for Quadplexes in Fort Lauderdale

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Five-unit property with patios, separate electric metering, and a vacant studio featuring a kitchenette and shower bathroom.
Where is this quadplex located?
The property is located at 812 NE 15 Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Five residential units across two buildings; 2,547 square feet on a 6,750‑square‑foot lot; 50‑by‑135‑foot lot dimensions
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