517 Nw 15th Terrace, Fort Lauderdale, FL

$499,999

Previous Next

1,236

Square feet

0.13

Acres

About 517 Nw 15th Terrace

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!

Features of 517 Nw 15th Terrace

MLS® # B26059145
Price $499,999
Square Footage 1,236
Acres 0.13
Year Built 1958
Type Residential Income
Sub-Type Duplex
Status Price Change

Community Information

Address 517 Nw 15th Terrace
Area 3460
Subdivision DORSEY PARK FIRST ADD
City Fort Lauderdale
County Broward
State FL
Zip Code 33311

Amenities

Utilities Cable Available, Electricity Available, Sewer Available, Water Available
Is Waterfront No
Has Pool No

Interior

Heating Window/Wall
Cooling Ceiling Fan(s), Wall/Window Unit(s)
# of Stories 1
Stories One

Exterior

Exterior Features Lighting
Roof Composition, Flat
Construction Stucco

School Information

Elementary North Fork
Middle Parkway
High Stranahan

Additional Information

Zoning RS-8
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBlue Realty Team, LLC
Phone954-871-1687

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?