Property 1415 SW 1st Street 1-8, Fort Lauderdale, FL 33312 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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Days on the market
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Detached House - Photo #2 of the property
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5 min to downtown Ft Lauderdale - Photo #3 of the property New River North Fork- Same Street - Photo #4 of the property Apartments 1-7 - Photo #5 of the property 3 bedroom Cottage - Photo #6 of the property House - Photo #7 of the property Photo 8 of the property Photo 9 of the property Photo 10 of the property Photo 11 of the property House Bedroom 1 - Photo #12 of the property House - Photo #13 of the property House bedroom 2 - Photo #14 of the property House bedroom 3 - Photo #15 of the property Apartment - Photo #16 of the property Apartment - Photo #17 of the property 1/1 Apartment - Photo #18 of the property Photo 19 of the property Photo 20 of the property Apartment #3 - Photo #21 of the property Photo 22 of the property Aprtment #3 outdoor rear space - Photo #23 of the property walk in. - Photo #24 of the property

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

Price
Price:
$1,649,000.00
Original List Price:
$1,649,000.00
List Price per Sq Ft (Calculated, Approx.):
$315.68
Close Price:
$1,550,000.00
Transaction closed on:
May 18, 2026
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Status Change
Last Major Update on:
May 18, 2026 4:00 am
Measures
Built-Up Area:
4,910 Sqft
Lot Area:
13,802 Sqft
Lot Features:
Room For Pool
Lot Size Acres:
0.3169
Property Features
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Window/wall
Construction
Year Built:
1975
Roof:
Shingle
Number of Buildings:
2
Number of Units Total:
2
Construction Materials:
Block, Frame, CBS
Flooring:
Tile, Vinyl
Number of stories:
1
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$26,091.00
Parking
Parking Total Spaces:
12
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Existing Survey, Owner Managed
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:
RML-25
Listing History
Active on the market since:
February 26, 2026
Listing Agreement executed on:
February 26, 2026
Purchase Contract Date:
March 24, 2026
Listing Status Last Changed On:
May 18, 2026 4:00 am
Photos updated on:
July 10, 2026 6:51 pm
Last Modified:
September 7, 2026 11:03 pm
Additional Information
Courtesy of:
Canvas Real Estate
Attribution:
Not provided
Location
Street Name:
1st
Street Number:
1415
Unit Number:
1-8
City:
Fort Lauderdale
State:
Florida
Zip Code:
33312
County:
Broward
Latitude:
N26° 7' 16.7''
Longitude:
W81° 50' 19.5''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

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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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