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    800 15Th St Fort Lauderdale, FL 33316

    For Sale
    $589,000

    Prime Location, High Rental Income

    Property size:
    1,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1964-built duplex in Fort Lauderdale, Florida offers a compelling investment opportunity. Situated at 800 SE 15th St, 33316, in Broward County, this single-story property boasts 1,314 square feet and comprises two units, promising steady rental income. Its prime location, just minutes from Fort Lauderdale International Airport, Port Everglades, and the Downtown Financial District, ensures high occupancy rates. The property's proximity to Las Olas Beach (approximately 3 miles) and a thriving business community further enhances its appeal to professionals seeking convenient housing. The asking price is $589,000. This multifamily property presents a strong addition to any investment portfolio, capitalizing on the robust rental demand in this desirable Fort Lauderdale neighborhood. The property's convenient location and strong rental potential make it an attractive option for investors seeking a stable and profitable investment in a high-growth area. The two units provide a diversified income stream, minimizing risk and maximizing return. This is a rare opportunity to acquire a well-located, income-producing property in a highly sought-after area of Fort Lauderdale. The property's solid construction and established rental history make it a low-risk, high-reward investment.

    Property Features for 800 15Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,314 SF

    Building Details

    Year Built
    1964
    Stories
    1
    Units
    2

    HighLights

    • Exceptional 1964‑built duplex in Fort Lauderdale, FL, offering strong rental income.
    • 1,314 sq ft single‑story building with two units located at 800 SE 15th St, 33316.
    • Prime location near Fort Lauderdale International Airport, Port Everglades, and Downtown.
    • Asking price: $589,000.
    • Strong rental demand and low‑risk investment opportunity in a high‑growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    USA Grocers Convenience Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1345046
    Latitude
    26.1029161

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    FAQs

    What type of property is this?
    Multifamily property - Prime Location, High Rental Income
    Where is this multifamily property located?
    The property is located at 800 15Th St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: Exceptional 1964-built duplex in Fort Lauderdale, FL, offering strong rental income.; 1,314 sq ft single-story building with two units located at 800 SE 15th St, 33316.; Prime location near Fort Lauderdale International Airport, Port Everglades, and Downtown.
    Request Owner's contact information
    800 15Th St Fort Lauderdale, FL 33316
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    Fort Lauderdale, FL 33316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    800 15Th St Fort Lauderdale, FL 33316
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