Interior
- Bathrooms
- 0
- Living area
- 1,632 sq ft
- Flooring
- Tile
- Cooling
- Ceiling Fans, Electric, Wall Window Units
- Heating
- Electric
Active · Triplex
$540,000
633 NW 15th Terrace, Fort Lauderdale, FL 33311
- Beds
- —
- Baths
- 0
- Living area
- 1,632 sq ft
- $ / sq ft
- $331/sq ft
- Year built
- 1959
- Lot size
- 4,500 sq ft
- HOA fee
- —
- Annual tax
- $9,124
About this property
This triplex is a great investment property! Super easy to maintain. Three one bedroom one bath, each with an additional den that allow the units to be rented for higher than Market value for one bedrooms one bath. Lots of room for improvements on the rents with low expenses to the landlord! Great location close to the hospital and city transportation. This is an expansion community with new developments pushing rents up! Each unit has identical layouts. This is perfect for first time home buyers that want to live in one unit and rent the rest.
Property location
Get Directions633 NW 15th Terrace, Fort Lauderdale, FL 33311
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Facts & features
Exterior & Structure
- Property type
- Triplex
- Year built
- 1959
- Stories
- 1
- Lot size
- 4,500 sq ft
- Architectural style
- One Story
- Roof
- Built Up
- Construction
- Block, Stucco
- Exterior features
- None, Patio
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $9,124
- Subdivision
- DORSEY PARK
- County
- Broward
- Days on market
- 49
- MLS listing ID
- B26030789
- Listing status
- Active
Virtual tour
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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
$345
- Cap rate
- 6.5%
- Net yield
- 6.5%
- Cash-on-cash return
- 2.7%
- Gross yield
- 9.8%
- Mortgage payment
- $2,560/mo
- Down payment
- $135,000
- Loan amount
- $405,000
- Annual NOI
- $34,864
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.