NOT LISTED FOR SALE

1108 NE 15th Ave Fort Lauderdale, FL 33304

Lake Ridge Neighborhood
-- Bed
-- Bath
6,966 Sq Ft
6,534 Sq Ft Lot

Last Sold October 28, 2019

Last sale price $1,675,000 $240 Per Sq Ft

127 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No Heating
  • Fort Lauderdale High School Rated A

About This Home

As of October 2019

Amazing Find!13 Units On A Double Lot Only 2 Miles From The Beach! 8 Units Are 1 Bedroom 1 Bath. One Unit Has 2 Bedrooms 2 Baths & 4 Units Are Studios. Coin Operated Laundry Used For Additional Income. Current Rents Are Way Below Market. Actual Gross Income Is $138,480 Proforma Gross Income: $186,000. Total Expenses: $36,270 Expenses Include Taxes: $14,990 Lawn: $750 Insurance: $9,314 Water: $4,610 Electric: $ 3,006 Trash: $3,600. Projected Cap is 8%.

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 05/23/2019

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Joshua Deitchman

Level Realty Partners, LLC License #3411566

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,990

Year Built

  • Built in 1961

Lot Details

  • 6,534

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,966 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $138,480
  • Rent includes electricity, gardener, sewer, trash collection, water
  • Assessor Parcel Number 494234043450

Community Details

Overview

  • 3 Units
  • Progresso 2 18 D Subdivision

Building Details

  • Net Operating Income $102,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,990

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From US1 Head East On E Sunrise Blvd. Turn left onto NE 15th Ave. Destination will be on the right
  • Year Built: 1961
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 6966.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gardener, Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 494234043450
  • Zoning Description: RC-15

Multi Family

  • Property Net Operating Income: 102210.0
  • Number Of Units Total: 3
  • Total Actual Rent: 138480.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 14990.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $1,675,000 -4.3% $240 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $1,750,000 -- $251 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carlos Montoya

    Seller's Agent in 2019

    Carlos Montoya

    Fidelity Real Estate Group LLC

    (954) 345-9144

    149 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Natasha Q Realtor

    Fidelity Real Estate Group LLC

    (954) 345-9144

    103 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Joshua Deitchman

    Level Realty Partners, LLC

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10177401

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-04-3440

Florida Broward County Fort Lauderdale 33304 Lake Ridge

1108 NE 15th Ave, Fort Lauderdale, FL

This home is located at 1108 NE 15th Ave, Fort Lauderdale, FL 33304 since 23 May 2019. This property was built in 1961. 1108 NE 15th Ave is a home located in Broward County with nearby schools including Bennett Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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