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Property profile & analytics
FOR SALE
Apartment buildings

3315 SW 15Th St 1-9 Fort Lauderdale, FL 33315

9,000 SF Built 1951
Property ID
US18-1035164
Property summary
AI-generated overview

9-Unit Multifamily with Redevelopment Potential | 37,000 SF Lot Rare opportunity to acquire a 9-unit multifamily property situated on an oversized 37,000-square-foot lot in a rapidly improving corridor near downtown Fort Lauderdale. The property features a desirable unit mix of 3 two-bedroom units and 6 one-bedroom units, with six standalone cottages and three additional detached units, providing strong tenant appeal and operational flexibility. Strategically located just one minute from I-95, approximately 3.5 miles from Las Olas Boulevard and 4.5 miles from Fort Lauderdale Beach, the property benefits from convenient access to major employment centers, dining, entertainment, shopping, and transportation. * 9 income-producing units * Large 37,000 SF development site * Desirable mix of 1-bedroom and 2-bedroom units * Excellent access to I-95, downtown Fort Lauderdale, Las Olas, and the beach * Strong rental demand location * Significant value-add and redevelopment potential Development Opportunity Properties directly across the street have been successfully redeveloped into new-construction townhomes. Based on surrounding development patterns, there may be an opportunity to construct up to nine townhomes of approximately 2,200 square feet each (buyer to independently verify zoning, density, approvals, and development This offering provides investors with the ability to generate cash flow from day one while preserving substantial long-term redevelopment upside

Property profile
Verified
Property type Apartment buildings
Year built 1951
Total area 9,000 SF
UPID US18-1035164
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Davis Debbie Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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