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1415 SW 1st Street # 8, Fort Lauderdale FL 33312

Commercial Active With Contract
$1,649,000

BTC: 26.68284790

ETH: 944.44444444

26 days
0 room(s)

Overview

Legal 8- Plex Investment Opportunity with Vacation Rental Income and development potential in the highly desirable Sailboat Bend neighborhood of downtown Fort Lauderdale! This 8 plex features a 3 bed/1 bath detached home and 7 one bed/one bath apartments. Four fully furnished vacation rental units, 4 units long-term. The property offers immediate income with the potential to increase cash flow and raise the cap rate in year one. Zoned RML – 25 for development potential. Plenty of parking. On-site laundry facility. Electrical individually metered units. Ideal location to Las Olas Blvd,restaurants, nightlife, Beach, FLL airport, cruise port and public transportation, making it an ideal location for rentals and excellent site for new construction.

Location

Florida • Fort Lauderdale • 33312 • Commercial • Active With Contract

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1975
Lot:
0.32 Acres
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,160,000
$885K – $1.9M
Confidence Low
List vs. estimate
$489K above estimate
List $1,649,000 · +42.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$26,091
Parking
12 spaces
All facts and features

  • Flooring

    • Tile

    • Vinyl

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 504209180300

    • Zoning: RML-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $26,091

  • Source details

    • MLS ID: A11972748

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Frame

    • Lot Features: City Location / In Residential Area

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33312
187
median $665K
Active
Same city
Fort Lauderdale
1,052
median $678K
Active
Same type
Commercial
79
median $1.2M
Active
Similar price
$1.2M – $2.1M
163
median $1.5M
Active

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: Canvas Real Estate