735 15th Ave1-6 Fort Lauderdale, FL 33304-2928
This exceptional 4-unit apartment building, built in 1968, presents a compelling investment opportunity in the vibrant Fort Lauderdale, Florida market. Located at 735 NE 15th St, in Broward County, zip code 33304 (26.146758, -80.136208), this single-story property boasts a total of 2,270 square feet. Each of the four units has been thoughtfully modernized, featuring vintage-inspired living spaces, sleek kitchens equipped with top-of-the-line appliances, and high-impact windows and doors. Residents enjoy the comfort of quiet, customizable mini-split AC systems and durable, seamless modern flooring throughout. Private patios offer a tranquil retreat, surrounded by lush landscaping. The property's prime location offers easy access to desirable areas. It's situated steps from the NE 13th Street Corridor (Studio City), just 6 minutes from the FATVillage Arts District, 5 minutes from Wilton Manors, and 13 minutes from the beach. The asking price for this turnkey investment is $1,099,000. This property's strong cash flow and desirable location make it an ideal addition to any investment portfolio. Don't miss this chance to acquire a successful, established property in a thriving Florida market.
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Air b&b Hotel & Motel
RMM-25 district is intended for mid-rise multifamily residences and tourist accommodations. The RMM-25 district has a maximum density of 25 dwelling units per net acre and a maximum density of 30 hotel/motel or nursing home rooms per net acre
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RMM-25 · Fort Lauderdale, FLRMM-25 district is intended for mid-rise multifamily residences and tourist accommodations. The RMM-25 district has a maximum density of 25 dwelling units per net acre and a maximum density of 30 hotel/motel or nursing home rooms per net acre
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.