1415 SW 1st Street

Highlights:

• Lot Features: City Location, In Residential Area
• Building Features: Room For Pool
• Number Of Buildings: 2
• Documents Available: Owner Managed, Existing Survey
• Cooling: Wall/Window Unit(s)
• Heating: Wall/Window Units
• Flooring: Tile, Vinyl
• Construction Materials: Concrete Block Construction, CBS Construction, Frame

Description:

Legal 8- Plex Investment Opportunity with Vacation Rental Income and development potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8 plex features a 3 bed/1 bath detached home and 7 one bed/one bath apartments. Four fully furnished vacation rental units, 4 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML – 25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.

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Listing ID: A11972748