1415 1st Street #1-8 , for Sale

1415 1st Street #1-8 for Sale

Price $1,895,000.00

• Lot size 13802
• Year Build 1974
• Waterfront
• Zip 33312
• Style
• Parking Description Common
• Pool Yes
• Status Active

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 one bed/one bath apartments. Five fully furnished vacation rental units, 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 to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.

Appointment needed to tour interior of units based on schedule for vacation rentals. Call or text listing agent.

RIVER HIGHLANDS AMEN PLAT 15-69 B LOT 16,17 BLK 6

City Location, In Residential Area

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 one bed/one bath apartments. Five fully furnished vacation rental units, 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 to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.

City:Fort Lauderdale,Zoning:RML-25,Heating:1:Wall/Window Units,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Flooring:1:Vinyl,Latitude:26.1213461,Cooling Y N:1,Heating Y N:1,List Price:1895000,Listing Id:A11814830,Longitude:-80.1613089,Mls Status:Active,Year Built:1974,Inclusions:Building & Land,Furniture,Inventory,Postal Code:33312,Street Name:1st Street,Tenant Pays:1:Electricity,Unit Number:1-8,Coordinates:1:26.1213461,Lot Features:1:In Residential Area,Photos Count:35,Business Type:1:Residential-Multi-Family,Days On Market:101,Listing Terms:1:Conventional/Refinance,Lot Size Acres:0.32,Lot Size Units:Square Feet,M I A M I R E_ Area:3470,On Market Date:2025-02-28,Parcel Number:504209180300,Parking Total:12,Property Type:Commercial Sale,Stories Total:1,Street Number:1415,Public Remarks: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 one bed/one bath apartments. Five fully furnished vacation rental units, 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 to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.,County Or Parish:Broward County,List Office Name:Canvas Real Estate,Private Remarks:Appointment needed to tour interior of units based on schedule for vacation rentals. Call or text listing agent.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:23170,Unparsed Address:1415 SW 1st Street # 8, Fort Lauderdale FL 33312,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Alarm,2:Smoke Detector(s),Building Area Total:4910,Building Area Units:Square Feet,Lot Size Square Feet:13802,M I A M I R E_ For Sale Y N:1,Number Of Buildings:2,Original List Price:1895000,Public Survey Range:50,Documents Available:1:Owner Managed,I D X Participation Y N:1,Syndication Remarks: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 one bed/one bath apartments. Five fully furnished vacation rental units, 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 to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.,Listing Contract Date:2025-02-28,Originating System I D:miamire,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:1415,Tax Legal Description:RIVER HIGHLANDS AMEN PLAT 15-69 B LOT 16,17 BLK 6,Public Survey Township:50,Construction Materials:1:Frame,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:8-Plex investment opportunity with vacation rental income & development potential in Sailboat Bend neighborhood of downtown Ft Lauderdale!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-02-28,Internet Address Display Y N:1,Number Of Units In Community:8,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,