Duplex in 517 NW 15th Terrace, Fort Lauderdale, FL 33311 for sale with MLS# B26059145
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!
517 NW 15th Terrace, Fort Lauderdale, FL 33311
Price
- Price:
- $545,000.00
- Original List Price:
- $545,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $440.93
Lease Details
- Tenant Pays:
- Electricity
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 1, 2026 8:24 pm
Measures
- Living Area:
- 1,236 Sqft
- Built-Up Area:
- 1,236 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.13
Property Features
- Waterfront:
- No
- Exterior:
- Lighting
- Laundry:
- In Unit
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Fence:
- Fenced
Construction
- Year Built:
- 1958
- Roof:
- Flat, Composition
- Number of Units Total:
- 2
- Levels:
- One
- Construction Materials:
- Stucco
- Flooring:
- Tile, Laminate
- Number of stories:
- 1
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Flood Zone Code:
- AE
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $6,834.91
- Tax Year:
- 2025
- Tax Assessed Value:
- $288,050.00
- Property Tax Details:
- No Homestead
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Available, Sewer Available, Water Available
- Water Source:
- Public
Community
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- DORSEY PARK FIRST ADD
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
Terms
- Documents Available:
- Copy Of Lease(s), Financial Statement
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- DORSEY PARK FIRST ADD 21-30 B LOT 11 BLK 2
- Real Estate Folio Number (Parcel Number):
- 504204240360
- Zoning:
- RS-8
Public Schools Assigned
- Elementary School:
- Griffin
- High School:
- Stranahan
- Middle Or Junior School:
- Parkway
Listing History
- Active on the market since:
- August 1, 2026
- Listing Agreement executed on:
- August 1, 2026
- Listing Status Last Changed On:
- August 1, 2026 8:24 pm
- Photos updated on:
- August 1, 2026 8:24 pm
- Last Modified:
- August 5, 2026 9:37 am
Additional Information
- Courtesy of:
- Blue Realty Team, LLC
- Attribution:
- Not provided
Location
- Street Name:
- 15th
- Street Number:
- 517
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33311
- County:
- Broward
- Latitude:
- N26° 7' 41.3''
- Longitude:
- W81° 50' 13.5''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- NW
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$51,918
Median Home Value
$276,600
Median Rent
$1,385/mo
Median Age
35
Population
73,280
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