$1,200,000
Fort Lauderdale, FL 33311
MLS# B26065700
4009 sqft
1 / 54
Property Description
Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Listing Date: 2026-08-18
Status: Active
Original List Price: 1200000
List Price: $1,200,000
Current Price: $1,200,000
Listing Service: Full Service
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Municipality Type: Incorporated
Postal Zip: 33311
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Subdivision Number: 24
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 526
Street Direction Prefix: NW
Street Name: 15TH
Street Suffix: Way
State Or Province: FL
Postal Code: 33311
Postal Code +4: 8848
Subdivision Name: DORSEY PARK FIRST ADD
Area: 3460
Elementary School: North Fork
Middle Or Junior School: Parkway
High School: Stranahan
Parcel Number: 504204240470
Zoning: RS-8
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 4009
Living Area Main: 4009
Living Area Source: Public Records
Lot Size Dimensions: 11300
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 10
Lot Size Area: 11300
Senior Community YN: No
Stories Total: 1
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.41
Property Sub Type: Quadruplex
Building Area Main: 4009
Building Area Source: Public Records
Year Built: 1957
Lot Size Acres: 0.26
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 850190
Assessor Market Value: 1039730
Tax Annual Amount: 21674.31
Tax Year: 2025
Tax Legal Description: DORSEY PARK FIRST ADD 21-30 B LOT 23,24 BLK 2
Office/Member Information
DXORIGMLSID: RML
Electric
Circuit Breakers: 1
Exterior Features
Barbecue: 1
Storage: 1
Flooring
Tile: 1
Wood: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
Other Available Information: 1
Fencing
Back Yard: 1
Fenced: 1
Meter Information
Separate Electric Meters YN: No
Separate Gas Meters YN: No
Separate Water Meters YN: No
Structure Type
House: 1
Quadruplex: 1
Tenant Pays
None: 1
Other Structures
Gazebo: 1
Outbuilding: 1
Shed(s): 1
Storage: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Not Available: 1
Heating
Electric: 1
Heat Pump: 1
Natural Gas: 1
Window/Wall: 1
Leasing Restrictions
Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30
Construction Materials
Block: 1
CBS: 1
Stucco: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Water Source
Public: 1
Cooling
Ceiling Fan(s): 1
Ductless: 1
Heat Pump: 1
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Main Living Area
Entry Level: 1
Pets Allowed YN
No: 1
Restrictions
Other Restrictions: 1
Tax Information
No Homestead: 1
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 7200
Baths Full: 4
Beds Total: 8
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 2520
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-12-31
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2800
Baths Full: 2
Beds Total: 4
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1296
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-12-31
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 299.32
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-08-18T19:51:28Z
Major Change Type: New Listing
Status Change Date: 2026-08-18
Originating Details
Originating System Key: 20260807142938659670000000
Originating System ID: M00000170
Property Features
Documents Available: Other Available Information
Electric: Circuit Breakers
Exterior Features: Barbecue; Storage
Fencing: Back Yard; Fenced
Flooring: Tile; Wood
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: House; Quadruplex
Tenant Pays: None
Construction Materials: Block; CBS; Stucco
Cooling: Ceiling Fan(s); Ductless; Heat Pump; Wall/Window Unit(s)
Heating: Electric; Heat Pump; Natural Gas; Window/Wall
Levels: One
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Other Structures: Gazebo; Outbuilding; Shed(s); Storage
Pets Allowed YN: No
Possession: Close Of Escrow; Negotiable
Restrictions: Other Restrictions
Roof: Flat
Sewer: Public Sewer
Tax Information: No Homestead
Utilities: Cable Not Available
Water Source: Public
Showing Requirements: Appointment Only
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: Keller Williams Realty Consult
Last Updated: October - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
