Dorsey Park First Add Fourplex For Sale
526 Nw 15th Way, Fort Lauderdale, FL 33311

$1,200,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:B26065700
  • Virtual Tour: YES
  • List Price: $1,200,000
  • Living Area: 4009 Ft² / 372 M²
  • Price Per Foot/Meter: $299 / $3,222
  • Taxes:$21,674
  • Year Built:1957
  • Listing Date:August 18, 2026
  • Days On Market:36
  • Total Units:2

Description


Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.

Features


  • Floor:Hardwood, Tile, Wood
  • Exterior Feature:Barbecue, Fence, Shed

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker