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517 NW 15th Terrace

$545,000

517 NW 15th Terrace, Fort Lauderdale, FL 33311

Active
Last Updated: 08/03/2026

1,236 sqft

Building Size

2

Units

Details:
Building Size:    1,236 sqft
Units:    2
Year Built:    1958
Floors:    1
Gross Leaseable Area:    1,236
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced
  • Bathrooms Total: 0
  • Documents Available: Copies Of Lease(S)
  • Architectural Style: Twin Home, Half Duplex, One Story, Twin Homes
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Tile
  • Construction Materials: Stucco
Description:

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!

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