About This Home

This 12-bedroom, 0-bathroom multi-family at 526 NW 15TH Way in Fort Lauderdale, FL is listed for $1,200,000 ($299 per sqft). Built in 1957, the home offers 4,009 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1957
  • 0.26 acre lot

Property Details

1 story
6 full
1957

Amenities

A/C
Listing Description

Multi-family investment opportunity with immediate cash flow: 5 rentable units on one 11,300 SF lot in Fort Lauderdale. A fourplex (4-plex) with four 2BD/1BA units at $1,800/month each, plus a separate 4BD/2BA single-family home at $2,800/month, for $10,000/month and $120,000 in gross annual income.

NOI of approximately $74,000 for a 6.2% CAP rate. Tenants in place. CBS block construction, with sufficient parking, fenced backyard with gazebo and BBQ area, and no HOA. A separate outbuilding currently used for storage offers value-add upside, with potential conversion to a laundry facility or additional living space, subject to applicable approvals. Ideal for investors seeking multiple income streams, rental income and future upside. Lot size and property information based on BCPA records.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

526 NW 15TH Way

Fort Lauderdale, FL 33311

DORSEY PARK FIRST ADD

Features & Amenities

Exterior Features

BarbecueStorage

Property Details

Flooring

WoodTile

Construction

Block CBS Stucco

Heating

Natural GasElectric (Heating)Heat Pump (Heating)

Cooling

DuctlessWindow Unit(s)Ceiling Fan(s)Heat PumpWall/Window Unit(s)

Questions & Answers

This 12-bedroom, 0-bathroom multi-family at 526 NW 15TH Way is listed at $1,200,000 ($299/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.26 acre lot. Exterior Features: Barbecue, Storage.

This property is listed by Michael Topow.

MT

Michael Topow

License 3354597

Agent at Realty Professionals of Coral Springs

Listed by Realty Professionals of Coral Springs · Broker phone: (954) 755-0888 · View on Broker Site · Broker website

MLS# B26065700· Source: BeachesMLS· 75 days on PropertySimple

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

526 NW 15TH Way, Fort Lauderdale, FL 33311

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