1225 NE 15th Ave 1-9, Fort Lauderdale, FL 33304 — MLS photo

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1225 NE 15th Ave 1-9, Fort Lauderdale, FL 33304

Active · MultiFamily

$2,399,000

1225 NE 15th Ave 1-9, Fort Lauderdale, FL 33304

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1968
Lot size
13,011 sq ft
HOA fee
—
Annual tax
$30,417

About this property

$250K+ Gross STR Income | RM-15 Zoned | Turnkey 9-Unit Multifamily Investment Exceptional opportunity to acquire a fully operational short-term rental investment located in a prime Fort Lauderdale location, zoned RM-15. This income-producing property has generated over $250,000 per year in documented short-term rental revenue and is offered fully furnished and equipped, ready for immediate continued operation. The property consists of two separate buildings with a total of nine guest accommodations and nine on-site parking spaces. The front building features two spacious one-bedroom, one-bath units and two well-appointed efficiency units, all thoughtfully designed for short-term guest comfort. A beautiful central yard enhances the appeal and guest experience. The rear building includes two large 1 BED/1 BATH, 1 spacious studio with a full kitchen, and 2 additional efficiency units, providing a versatile unit mix that maximizes rental performance. The property features new impact windows throughout and operates with shared washer and dryer facilities. Situated in an outstanding walkable location, just steps from Sunrise Boulevard with Publix, Walgreens, restaurants, cafés, and shops, this asset offers strong demand drivers and consistent occupancy. This is a rare opportunity to acquire a turnkey, high-income short-term rental investment in a highly desirable area, with all furnishings, equipment, and operational elements included in the sale for a seamless transition.

Property location

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1225 NE 15th Ave 1-9, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MultiFamily
Year built
1968
Lot size
13,011 sq ft

Parking

Covered spaces
0

HOA, Community & Financials

Association fee
$0
Annual tax
$30,417
County
Broward
Days on market
162
MLS listing ID
A11947999
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,431

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.1%
Gross yield
6.6%
Mortgage payment
$11,372/mo
Down payment
$599,750
Loan amount
$1,799,250
Annual NOI
$95,296

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.