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    700 15Th Ave Fort Lauderdale, FL 33312

    Sponsored
    For Sale
    $3,999,900
    Property size:
    10,472 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 700 15Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    10,472 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1967/2014
    Buildings
    3
    Stories
    1
    Units
    18

    HighLights

    • 18‑unit renovated multifamily property with strong rent growth potential.
    • Priced below comparable sales in the market.
    • Features hurricane impact windows, renovated kitchens, and new flooring.
    • Equipped with new security cameras throughout the property.
    • Includes well‑maintained landscaping, central air conditioning, and stackable washer/dryer units.
    • Fresh exterior paint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -80.1612619
    Latitude
    26.1127146

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    FAQs

    Where is this multifamily property located?
    The property is located at 700 15Th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $3,999,900.
    What are key features of this property?
    This property features: 18-unit renovated multifamily property with strong rent growth potential.; Priced below comparable sales in the market.; Features hurricane impact windows, renovated kitchens, and new flooring.
    Request Owner's contact information
    700 15Th Ave Fort Lauderdale, FL 33312
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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
    700 15Th Ave Fort Lauderdale, FL 33312
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