Home » Fort Lauderdale » 517 NW 15th Ter, Fort Lauderdale, FL 33311 | F10447498

Duplex For Sale 517 NW 15th Ter, Fort Lauderdale, FL 33311

$635,000
Price has decreased by $15,000

Property Highlights

Listing ID F10447498 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,184 Sqft/110.00 m2 approx. Year Built 1958 Seller considers Owner Financing Time of this property on Rebonus 219 Day(s)

517 NW 15th Ter, Fort Lauderdale, FL 33311

Property Description: 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!

Useful Info

Previous Asking Price:$645,000
Original List Price:$650,000

Lease Details

Rent Includes:
  • Water
  • Gardener

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Roof:
  • Concrete
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$5,366

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Rent Rolls
  • Lease
Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
  • Other
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:Dorsey Park First Add 21-
Community Features:
  • Non-gated
Senior Community:No

Parking

Parking Total Spaces:5
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Data exchange original Listing NumberF10447498
Type of AssociationNone
Ref1076746277

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 Description:RS-8
Public Survey Township:5042
Public Survey Section:4

Listing History

Update/EventDate/Days
Published Date:June 23, 2024 1:57 pm
On Market Date:June 23, 2024
Listing Contract Date:June 23, 2024
Price Change Date Time:January 2, 2025 3:37 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:January 2, 2025 3:37 pm
Status Last Changed:June 23, 2024 1:57 pm
Photos Last Modified:June 23, 2024 6:21 pm
Last Modified:January 3, 2025 6:06 pm
Days on the Market Reference Date:January 3, 2025
Days on the Market (updated on Last Modified*):194
Cumulative Days on the Market (updated on Last Modified**):194

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:11
Location:,
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3390
Automated Valuation Display:Yes
Courtesy of:Blue Realty Team, LLC
Universal Property Id:US-12011-N-504204240360-R-N

Location

Show Property Address:Yes
Street Name:15th Ter
Street Number:517
Street Direction Prefix:NW
Street Address:517 NW 15th Ter
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward
Full Address:517 NW 15th Ter, Fort Lauderdale, FL 33311
Latitude:N26° 7' 41.3''
Longitude:W81° 50' 13.5''

Neighborhood

Postal City:Fort Lauderdale

Property Map