$1,400,000

526 NW 15th Way Fort Lauderdale, FL 33311

Dorsey Riverbend Neighborhood

Estimated payment $9,354/month

Total Views 841
-- Bed
-- Bath
4,009 Sq Ft
$349 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 4-minute walk to Provident Park
  • Tile Flooring

About This Home

Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 8%. The first property consists of a Single Family home (4 beds, 2 baths), generating $3,000/month in rental income. Additionally, there's a quadplex on the lot, with four 2/1 units, generating $1,800/month per unit for a total of $7,200/month. The property also includes an extra building currently being used for storage, which could potentially be converted into a laundry facility, or another living space offering an opportunity for additional revenue. The total lot size is 11,300 sqft. The second lot is vacant and zoned Residential. It's 5,650 sqft in size, offering development potential. All lot sizes and details are pulled directly from BCPA for accuracy.

Listing Agent

Michael Topow

Keller Williams Realty Consult License #3354597

Keller Williams Realty Consult

Co-Listing Agent

Jessica Topow

Keller Williams Realty Consult License #3621978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,659

Year Built

  • Built in 1957

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 4,009 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • 2 Units
  • Dorsey Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504204240470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,659

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1957
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 4009.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Pest Control, Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504204240470
  • Lot Size: 11300
  • Zoning Description: RS-8

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18659.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 For Sale $1,400,000 +127.6% $349 / Sq Ft
12/30/2021 12/30/21 Sold $615,000 -16.9% $161 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $739,999 +1038.5% $194 / Sq Ft
05/18/2015 05/18/15 Sold $65,000 -35.0% $3 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $100,000 -- $5 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10493079

BeachesMLS (Greater Fort Lauderdale)

Florida Broward County Fort Lauderdale 33311 Dorsey Riverbend

526 NW 15th Way, Fort Lauderdale, FL

Homes for Sale in Fort Lauderdale, FL

This home is located at 526 NW 15th Way, Fort Lauderdale, FL 33311 and is currently priced at $1,400,000, approximately $349 per square foot. This property was built in 1957. 526 NW 15th Way 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.

Michael Topow
Listing Agent
Michael Topow
Section Image
Keller Williams Realty Consult
(754) 239-7533