1305 SE 1st St, Fort Lauderdale, FL 33301 — MLS photo

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1305 SE 1st St, Fort Lauderdale, FL 33301

Active · Quadruplex

$2,499,000

1305 SE 1st St, Fort Lauderdale, FL 33301

Beds
—
Baths
0
Living area
4,219 sq ft
$ / sq ft
$592/sq ft
Year built
1980
Lot size
—
HOA fee
—
Annual tax
—

About this property

LOCATION! LOCATION! LOCATION! Renovated fourplex in highly sought-after Colee Hammock, just steps from Las Olas Blvd and minutes to Fort Lauderdale Beach. This turnkey income property features four spacious 2BR/1BA units, with two units offering additional flex rooms ideal for additional sleeping space or home office—enhancing rental versatility and income potential. One unit is furnished and Airbnb-ready, providing a proven short-term rental model for immediate implementation. Updates include impact-resistant PGT windows and doors, updated kitchens, bathrooms, and flooring throughout. Major improvements include roof (2022), HVAC systems (2021), 10-year building safety certification (2022), and tankless water heater (2025). On-site laundry with washer/dryer set on each floor and ample on-site + street parking. Ideal for Airbnb, seasonal, or furnished mid-term rentals with strong projected income potential.

Property location

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1305 SE 1st St, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bathrooms
0
Living area
4,219 sq ft

Exterior & Structure

Property type
Quadruplex
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A12007353
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

-$4,242

Cap rate
3.7%
Net yield
3.7%
Cash-on-cash return
-7.3%
Gross yield
6.9%
Mortgage payment
$11,847/mo
Down payment
$624,750
Loan amount
$1,874,250
Annual NOI
$91,259

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