1415 SW 1st Ave # 8, Fort Lauderdale FL 33312

Description

Legal 8-Plex Investment Opportunity with Vacation Rental Income and Development Potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8-plex features a 3-bed/1-bath detached home and 7 1 bed/1 bath apartments. 5 fully furnished vacation rental units (including 3/1 home) and 3 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML-25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location close to Las Olas Boulevard, restaurants, nightlight, beach, FLL airport, Cruise Port and public transportation, making it an ideal location for rentals and prime site for new construction.

This income/multifamily home located at 1415 SW 1st Ave # 8, Fort Lauderdale FL 33312 is currently for sale and has been available on Brickellsold for 13 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1974. 1415 SW 1st Ave # 8, Fort Lauderdale FL 33312 is in Fort Lauderdale county Broward County.