Multifamily in 1415 SW 1st Street 1-8 Fort Lauderdale for sale with MLS# A11972748

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.

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

Price
Price:
$1,649,000.00
Original List Price:
$1,649,000.00
Lease Details
Tenant Pays:
Electricity
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
No Contingencies
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A11972748
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
March 24, 2026 10:14 am
Measures
Built-Up Area:
4,910 Sqft
Lot Area:
13,802 Sqft
Lot Size Unit:
Square Feet
Lot Size Acres:
0.3169
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Wall Furnace, Window Unit
Construction
Year Built:
1975
Roof:
Shingle
Number of Buildings:
2
Number of Units Total:
8
Levels:
One
Construction Materials:
Block, Frame
Flooring:
Tile, Vinyl
Structure Type:
Apartment, Multifamily
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$26,091.00
Parking
Parking Total Spaces:
12
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Survey
Disclosures:
Owner Is Listing Agent
Occupant Type:
Tenant
Zoning and Legal
Tax Legal Description:
RIVER HIGHLANDS AMEN PLAT 15-69 B LOT 16,17 BLK 6
Real Estate Folio Number (Parcel Number):
504209180300
Zoning Description:
RML-25
Listing History
Originally published on:
February 26, 2026 3:17 pm
Active on the market since:
February 26, 2026
Price change occurred on:
February 26, 2026 12:05 pm
Listing Status Last Changed On:
March 24, 2026 10:14 am
Photos updated on:
February 26, 2026 10:20 pm
Last Modified:
March 24, 2026 2:15 pm
Additional Information
Flood Zone:
AE
Subdivision Number:
18
Courtesy of:
Canvas Real Estate
Attribution:
Not provided
Location
Street Name:
1st Street
Street Number:
1415
Unit Number:
1-8
City:
Fort Lauderdale
State:
Florida
Zip Code:
33312
County:
Broward
Latitude:
N26° 6' 13''
Longitude:
W81° 51' 22.1''
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $77,644
Median Home Value $397,800
Median Rent $1,566/mo
Median Age 40
Population 53,547

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Association of REALTORS®
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