$635,000
$15K PRICE DROP

517 NW 15th Terrace Fort Lauderdale, FL 33311

Dorsey Riverbend Neighborhood

Estimated payment $3,984/month

Total Views 3,086
-- Bed
-- Bath
1,184 Sq Ft
$536 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 5-minute walk to Provident Park
  • Tile Flooring

About This Home

STRONG INCOME PRODUCING DUPLEX in the heart of Fort Lauderdale less than 2 miles from Las Olas. $37,800 annual income with potential upside > one of the tenants currently paying under market rents M2M. Both units are identical. Unit #1: $1,850/ month lease until June 2025 and Unit #2: $1,300/month M2M. BOTH UNITS HAVE BEEN RECENTLY RENOVATED. Unit #1 = 2/1 + WASHER/DRYER in unit. Unit #2 = 2/1 with WASHER/DRYER hook up only in unit (no washer and dryer currently offered to this tenant at their current rate but plumbing ready for use). NO CAST IRON! -- Cast iron has been replaced with PVC. New window A/C units installed 2024. CONCRETE ROOF in great condition!

Listing Agent

Steve Boyette

Blue Realty Team, LLC License #3296266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,366

Year Built

  • Built in 1958

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 2 Units
  • Dorsey Park First Add 21 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504204240360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,366

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Use GPS
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1184.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504204240360
  • Zoning Description: RS-8

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5366.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,018 $261,870 -- --
2024 $5,366 $261,870 $16,950 $209,900
2023 $5,366 $216,430 $0 $0
2022 $4,786 $196,760 $16,950 $179,810
2021 $4,592 $187,170 $16,950 $170,220
2020 $4,559 $186,370 $16,950 $169,420
2019 $2,530 $137,090 $16,950 $120,140
2018 $2,269 $135,780 $16,950 $118,830
2017 $2,109 $68,650 $0 $0
2016 $2,016 $62,410 $0 $0
2015 $1,812 $56,740 $0 $0
2014 $1,701 $51,590 $0 $0
2013 -- $50,910 $16,950 $33,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Price Changed $635,000 -1.6% $536 / Sq Ft
10/09/2024 10/09/24 Price Changed $645,000 -0.8% $545 / Sq Ft
06/23/2024 06/23/24 For Sale $650,000 +225.0% $549 / Sq Ft
05/10/2019 05/10/19 Sold $200,000 -12.7% $169 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
10/19/2018 10/19/18 For Sale $229,000 0.0% $193 / Sq Ft
05/01/2012 05/01/12 Rented $650 -10.3% --
04/01/2012 04/01/12 Under Contract -- -- --
01/13/2011 01/13/11 For Rent $725 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Deed History

Date Type Sale Price Title Company
Warranty Deed $275,000 Capital Abstract & Title
Warranty Deed $200,000 Title Alliance Professionals
Warranty Deed $124,500 Agents Title Inc
Interfamily Deed Transfer -- The John Galt Title Company
Warranty Deed $76,000 The John Galt Title Company
Deed $26,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,250 New Conventional
Previous Owner $200,000 VA
Previous Owner $99,600 Commercial
Previous Owner $73,000 Commercial
Previous Owner $68,400 Commercial
Previous Owner $44,950 FHA
Source: Public Records

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10447498

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-04-24-0360

Florida Broward County Fort Lauderdale 33311 Dorsey Riverbend

517 NW 15th Terrace, Fort Lauderdale, FL

Homes for Sale in Fort Lauderdale, FL

This home is located at 517 NW 15th Terrace, Fort Lauderdale, FL 33311 and is currently priced at $635,000, approximately $536 per square foot. This property was built in 1958. 517 NW 15th Terrace is a home located in Broward County with nearby schools including North Fork Elementary School, Parkway Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Steve Boyette
Listing Agent
Steve Boyette
Section Image
Blue Realty Team, LLC
(754) 310-3882