NOT LISTED FOR SALE

1201 NE 15th Ave Fort Lauderdale, FL 33304

Lake Ridge Neighborhood
-- Bed
-- Bath
4,431 Sq Ft
0.26 Acres

Last Sold November 04, 2022

Last sale price $2,050,000 $463 Per Sq Ft

211 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Fort Lauderdale High School Rated A
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of November 2022

Unbelievable find in today's market! 9-unit-building. ALL units are renovated. 8 units are fully furnished and equipped. Roof was redone in 2018 with a 10y warranty. Highly desirable area for both short and long term rentals. This property is perfect for investors who want to make cash on day 1. There are (8) 1x1s and (1) 2x1. The (8) 1x1s are currently used as short terms rentals. The (1) 2x1 is under the process of being renovated and will be rented out long term. Excellent income producing property: Bring your best offer on the table! 40 year electrical and structural inspections successfully passed. 1x1s are 550 sq ft and 2x1 is 750 sq ft. Contact listing agent for financials.

Last Agent to Sell the Property

Lou Corda

La Rosa Realty LLC License #3272033 Listed on: 03/28/2022

La Rosa Realty LLC

Last Buyer's Agent

Ysidro Fernandez

EquiEstate, Corp. License #0477964

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,337

Year Built

  • Built in 1960

Lot Details

  • 0.26

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,431 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $329,222
  • Rent includes rent incl, water
  • Assessor Parcel Number 494234029400

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Progresso Condos
  • Progresso Subdivision

Building Details

  • Net Operating Income $257,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,337

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 4431
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234029400
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl, Water

Multi Family

  • Net Operating Income: 257920
  • Number Of Units Total: 9
  • Total Actual Rent: 329222

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 23337

Range of Values:

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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
11/04/2022 11/04/22 Sold $2,050,000 -10.9% $463 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $2,300,000 -2.1% $519 / Sq Ft
07/04/2022 07/04/22 Price Changed $2,350,000 -5.1% $530 / Sq Ft
03/28/2022 03/28/22 For Sale $2,475,000 0.0% $559 / Sq Ft
06/12/2020 06/12/20 Rented $1,250 -7.4% --
05/13/2020 05/13/20 Under Contract -- -- --
03/24/2020 03/24/20 For Rent $1,350 0.0% --
08/24/2016 08/24/16 Sold $740,000 -1.3% $169 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
10/23/2015 10/23/15 For Sale $750,000 -- $171 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lou Corda

    Seller's Agent in 2022

    Lou Corda

    La Rosa Realty LLC

    (954) 625-9528

    2 in this area

    16 Total Sales

    Lou Corda
    Section Image
  • Ysidro Fernandez

    Buyer's Agent in 2022

    Ysidro Fernandez

    EquiEstate, Corp.

    (305) 796-1293

    2 in this area

    14 Total Sales

    Ysidro Fernandez
    Section Image
  • Niki Falck

    Seller's Agent in 2020

    Niki Falck

    The Keyes Company

    (954) 467-0105

    2 in this area

    29 Total Sales

    Niki Falck
    Section Image
  • Lauren Coloney

    Seller Co-Listing Agent in 2020

    Lauren Coloney

    The Keyes Company

    (954) 467-0105

    4 in this area

    27 Total Sales

    Lauren Coloney
    Section Image

  • L

    Seller's Agent in 2016

    Lacramioara Orlanis

    Exclusively Baronoff Rlty LLC

    (305) 692-5778

    5 Total Sales

    Lacramioara Orlanis
    Section Image

  • S

    Buyer's Agent in 2016

    Svetlana Carroll

    Better Homes & Gdns RE Fla 1st

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11181074

MIAMI REALTORS® MLS

APN: 49-42-34-02-9400

Florida Broward County Fort Lauderdale 33304 Lake Ridge

1201 NE 15th Ave, Fort Lauderdale, FL

This home is located at 1201 NE 15th Ave, Fort Lauderdale, FL 33304 since 28 March 2022. This property was built in 1960. 1201 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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