Address
637 NW 15 TER, Fort Lauderdale, FL
Price
$ 1,580,000
Property Attributes
  • MLS#A11514090
  • TypeContingent
  • CountyBROWARD
  • CityFort Lauderdale
  • Area3460
  • NeighborhoodRiverbend
  • Zip33311
  • StyleFourplex
  • Year Built1965
  • Taxes$ 13753
  • Price$ 1,580,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

ATTENTION TO ALL INVESTORS looking for a turn key multifamily with solid tenants and great returns. This property consist of 8 legal units, all units have separate FPL meters and one water meter. The property went through an intensive permitted renovation, brand new electrical system, plumbing, sprinkler system, driveway, landscaping and interior remodeling, hurricane shutters in all windows, both roof were done in 2016. Currently collecting $11,631/month with potential to increase it to $12,600 at renewal (two tenants already renewed at $1,575/month). One parking space per unit. Please do not bother tenants. Serious inquiries only!

Price History
1/13/2024 Listed $1,580,000

General Features

Sewer Other
Heating WallFurnace
Cooling WallWindowUnits
Utilities CableNotAvailable
Possession ClosingFunding
Roof Flat,Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1965
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Broward County
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Contingency No Contingencies
Subdivision Name Riverbend
Garage Y/N No
Rent Includes Gardener,TrashCollection,Water
Status ActiveUnderContract
City Fort Lauderdale
Buyer Agent Compensation 2.5%
View Y/N No
Senior Community Y/N No
Zoning Description unknown
MLS Area 3460
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 15 TER
Listing Terms Cash,Conventional
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 13753.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11514090
Days on Market 83
Standard Status ActiveUnderContract
Occupancy Description Tenant
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Fort Lauderdale
Legal Description DORSEY PARK 19-5 B LOT 25,26 BLK 2

Interior Features

Flooring Tile,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Total Parking 8.0
Spa No
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 33311

Price
AVG $390K
$1.58M
Taxes
AVG $4,840
$13,753
Visits
AVG 180
129
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1965

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