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517 NW 15th Terrace, Fort Lauderdale FL 33311

Multi-family For Sale
$545,000

BTC: 8.56918239

ETH: 286.44409873

New
0 room(s)
1,236 sqft

Overview

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!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
0.13 Acres
Heating:
Window/Wall
Price/sqft:
$441
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$530,000
$423K – $667K
Confidence Low
List vs. estimate
$15K above estimate
List $545,000 · +2.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$440
+7.4% vs. city median $410
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,834
2025
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: Exterior Lights

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 504204240360

    • Zoning: RS-8

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $6,834

  • Source details

    • MLS ID: B26059145

    Other facts

    • Construction Materials: Stucco

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

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

    • Living Area: 1236

    • Water Source: Public

    • Subdivision Name: DORSEY PARK FIRST ADD

Private inquiry
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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: Blue Realty Team, LLC