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1539-1541 NE 15th Avenue, Fort Lauderdale FL 33304

Multi-family For Sale
$899,000

BTC: 15.00834725

ETH: 544.84848485

-$50K (2026/06/05)
31 days
0 room(s)
2,042 sqft

Overview

One of the most unique and flexible income-producing properties currently available in East Fort Lauderdale. Fully renovated, zero-maintenance compound in highly desirable and walkable Poinsettia Heights less than 3 miles from Fort Lauderdale Beach, Las Olas, Downtown, shopping, dining, nightlife, marinas, parks, gyms, and coffee shops. Configured as a renovated 2BR/2BA residence easily convertible to a 3BR/2BA, a renovated 1BR/1BA residence, plus a detached air-conditioned 2-car garage w/ loft currently operating as a 3rd income-producing rental. All three spaces function completely independently with separate entrances, separate driveways, dedicated parking, separately fenced yards, and in-unit washer/dryer setups creating a true compound feel rarely found this close to the beach. Previously operated as a successful Airbnb-style vacation rental with projected gross income exceeding $100K annually. Zoned RD-15 with endless flexibility for Airbnb-style rentals, long-term rentals, owner-occupants, seasonal use, or live/work setups. This is not your typical duplex - this is a fully renovated East Fort Lauderdale compound designed to maximize privacy, flexibility, and multiple income streams while maintaining the feel of a true private compound rather than a traditional multifamily property, all positioned in one of South Florida's strongest rental and vacation markets. The detached air-conditioned garage rental with loft creates an additional revenue stream while also offering exceptional versatility for luxury vehicle storage, business operations, workshop space, office setup, studio use, gym space, or creative flex space. Currently operating with strong, stabilized long-term income while maintaining exceptional future flexibility for Airbnb-style rentals, owner-occupants, seasonal use, live/work setups, or continued income production depending on an owner's goals. Extensively upgraded throughout with new roofs, impact windows, updated electrical, renovated interiors, new appliances, refreshed exterior spaces, brand new fenced and paved outdoor areas, gated parking, and low-maintenance improvements creating a truly turnkey investment opportunity. Positioned in highly walkable Poinsettia Heights where demand remains high year-round due to proximity to Fort Lauderdale Beach, Las Olas, Downtown, shopping, dining, nightlife, marinas, parks, and everything driving the South Florida lifestyle.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1955
Lot:
0.16 Acres
Heating:
Central Individual A/C / Central
Price/sqft:
$440
Cooling:
Central Individual A/C / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$715,000
$458K – $899K
Confidence Low
List vs. estimate
$184K above estimate
List $899,000 · +25.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$440
+10.4% vs. city median $398
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,193
2025
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central Individual A/C

    • Central

    Cooling

    • Central Individual A/C

    • Central Air

  • Property

    • Levels: 1

    • Exterior Features: Courtyard / Exterior Lights / Room For Pool

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 494235070080

    • Zoning: RD-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $12,193

  • Source details

    • MLS ID: B26032242

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Fenced

    • Patio And Porch Features: Awning(s) / Patio

    • Window Features: Complete Impact Glass / Awning

    • Architectural Style: Twin Home / Half Duplex / Twin Homes

    • Living Area: 2042

    • Water Source: Public

    • Subdivision Name: ALLENWOOD ADD

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida Homes Realty & Mortgag