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Business Opportunity - Dorsey Park First Add 21- for Sale

517 NW 15TH TER, FORT LAUDERDALE, FL 33311

Asking Price$645,000

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  • Living 1184sqft
  • Year Built 1958
  • Days on market:

    37 day(s)
  • Price per sqft:

    $544.76
  • Tax Legal Description:

    DORSEY PARK FIRST ADD 21-30 B LOT 11 BLK 2
  • Tax Year:

    2023
  • Property Type:

    Business Opportunity
  • Style:

    Duplex
  • Construction Type:

    Cbs ConstructionConcrete Block Construction
  • Cooling Description:

    Wall/Window Unit Cooling
  • Heating Description:

    Window/Wall
  • Floor Description:

    Tile Floors
  • Sewer Description:

    Municipal Sewer
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$645,000 • living size area 1184 sqft

Strong income producing duplex in the heart of fort lauderdale less than 2 miles from las olas. $37,800 annual income with potential upside > one of the tenants currently paying under market rents m2m. both units are identical. unit #1: $1,850/ month lease until june 2025 and unit #2: $1,300/month m2m. both units have been recently renovated. unit #1 = 2/1 + washer/dryer in unit. unit #2 = 2/1 with washer/dryer hook up only in unit (no washer and dryer currently offered to this tenant at their current rate but plumbing ready for use). no cast iron! -- cast iron has been replaced with pvc. new window a/c units installed 2024. concrete roof in great condition!

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