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$650,000   Price Analysis
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517 NW 15th Ter
Fort Lauderdale, FL 33311
4 bed 2 bath 1,184 SqFt ($548/SqFt)
Built 1958
Listed 2024-06-23
Ⓧ USDA Ineligible
due to location

near Fort Lauderdale

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 rent s M2M. Bth 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 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. Contemporary window A/C units installed 2024. CONCRETE ROOF in exceptional condition!


Presented by Steve Boyette at
Blue Realty Team, LLC.
Listing Agent Photo

Property MLS #F10447498 from BeachesMLSMatrix

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Wall/Window Unit Cooling
Heating Features: Window/Wall

Lot Description: Less Than 1/4 Acre Lot

Association: No
Calculated Total Monthly Association Fees: 0

Rent Includes: Lawn Care, Water

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Square Feet: 600
Unit-2 Square Feet: 600
Unit 1 Total Actual Rent: 1850.00
Unit 2 Total Actual Rent: 1300.00

Annual Tax Amount: 5366
Source Listing Status: Active
County: Broward County
Directions: Use GPS
Tax Year: 2023
Source Property Type: Residential Income
Area: 3390
Source Neighborhood: Dorsey Park First Add 21-
Parcel Number: 504204240360
Postal Code Plus 4: Post
Subdivision: Dorsey Park First Add 21-
Zoning: RS-8
Property Subtype: Duplex
Source System Name: C2C

Listed 2024-06-23
$650,000
BeachesMLSMatrix

Total Square Feet Living: 1184
Year Built: 1958
Construction Materials: Concrete Block Construction, Cbs Construction
Property Age: 66
Roof: Concrete Roof
Building Total Stories: 1.0
Structure Type: Duplex
Year Built Details: Resale

Sewer: Municipal Sewer
Cable Satellite: Yes

North Fork Elementary School is a public elementary school located approximately 0.4 miles away.
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Stranahan High School is a public high school located approximately 1 miles away.
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Parkway Middle School is a public elementary and middle school located approximately 2.1 miles away.
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Edith Robinson Christian Academy is a private high school located approximately 0.1 miles away.
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porch

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.