Lake Ridge Gardens Condo Fourplex For Sale
1115 Ne 15th Ave, Fort Lauderdale, FL 33304

$1,095,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10492368
  • Virtual Tour: YES
  • List Price: $1,095,000
  • Living Area: 2826 Ft² / 263 M²
  • Price Per Foot/Meter: $387 / $4,171
  • Taxes:$2,456
  • Year Built:1952
  • Listing Date:March 14, 2025
  • Days On Market:120
  • Total Units:4

Description


This five-unit property with individual folios is currently operating as a high-performing vacation rental investment and must be purchased together. The diverse unit mix includes two 1/1 units, two studios, and one 2/2 unit, which is currently on an annual lease. Each unit has separate meters and its own washer and dryer, providing added convenience for tenants and guests. With over $127K in annual revenue in 2014, this is a proven income-generating asset. The condominium association can be terminated, allowing for flexibility in ownership, or the units can be sold off individually. Located just one block from Publix, a major draw for vacationers, and only 1.6 miles from Fort Lauderdale Beach, this prime location ensures strong occupancy rates and continued demand.

Features


  • Floor:Tile
  • Exterior Feature:
Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker