1215 NORTH EAST 6TH ST #4, Fort Lauderdale
$1,360,000 USD
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Address | 1215 NORTH EAST 6TH ST #4, Fort Lauderdale |
Building Name | PROGRESSO |
Type of Property | Quadruplex |
Property Style | Quadruplex |
Price | $1,360,000 |
Previous Price | $1,475,000 (234 days ago) |
Property Status | Active |
MLS Number | A11706595 |
Living Area | 2534 |
Year Built | 1970 |
Parking Space Number | 8 |
Folio Number | 494234073610 |
Zoning Information | RMM-25 |
Days on Market | 292 |
Detailed Description: Great investment opportunity in the vibrant Victoria Park neighborhood of Fort Lauderdale! This spacious fourplex is situated on a large corner lot (6,750 sq.ft) and offers a total of 2,534 sq.ft of living space. The property consists of four units: one 2-bedroom / 2-bath, one 1-bedroom / 1-bath, and two studios. Current rents are below market, providing significant upside potential with the opportunity to increase rents by at least 50%. Additionally, there’s potential for short-term Airbnb rentals to boost income even further. Each unit has its own private entrance, and the property offers designated parking. Located just one block from Holiday Park and a short walk Las Olas Blvd. Only two miles from Fort Lauderdale Beach. Don’t miss out on this exceptional opportunity!
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Address Information
State | Florida |
City | Fort Lauderdale |
County | Broward County |
Zip Code | 33304 |
Address | 1215 NORTH EAST 6TH ST |
Section | 34 |
Zip Code (4 Digits) | 4626 |
Financial Information
Price | $1,360,000 |
Price per Foot | $0 |
Previous Price | $1,475,000 |
Folio Number | 494234073610 |
Tax Amount | $13,556 |
Tax Year | 2022 |
Full Descriptions
Detailed Description | Great investment opportunity in the vibrant Victoria Park neighborhood of Fort Lauderdale! This spacious fourplex is situated on a large corner lot (6,750 sq.ft) and offers a total of 2,534 sq.ft of living space. The property consists of four units: one 2-bedroom / 2-bath, one 1-bedroom / 1-bath, and two studios. Current rents are below market, providing significant upside potential with the opportunity to increase rents by at least 50%. Additionally, there’s potential for short-term Airbnb rentals to boost income even further. Each unit has its own private entrance, and the property offers designated parking. Located just one block from Holiday Park and a short walk Las Olas Blvd. Only two miles from Fort Lauderdale Beach. Don’t miss out on this exceptional opportunity! |
Roof Description | Other, Shingle |
Floor Description | Other, Tile |
Cooling Description | Ceiling Fan (s), Electric, Other, Wall / Window Unit (s) |
Heating Description | Other, Window / Wall |
Sewer Description | Public Sewer |
Property parameters
Living Area | 2534 |
Zoning Information | RMM-25 |
Year Built | 1970 |
Type of Property | Quadruplex |
Style | Quadruplex |
Building Name | PROGRESSO |
Development Name | PROGRESSO |
Construction Type | CBS Construction |
Stories Number | 1.000 |
Street Direction | North East |
Parking Space Number | 8 |
Listed with | The Brokerage South Florida Real Estate, LLC. |