About 1220 Ne 15th Avenue
100% LEASED! Discover this rare opportunity to own a stunning 2023-built, luxury townhome complex consisting of four townhomes in the heart of Fort Lauderdale! These exceptional townhomes include a gated entrance for extra security and each townhome offers 4 spacious bedrooms, 4 elegant bathrooms, two car garage and a private pool. Each townhome features approximately 2,500 Living SF and the corner unit is the largest of the four units, boasting nearly 3,200 living SF and breathtaking views. With contemporary open-concept living spaces, sleek kitchens, and a prime location, this is a unique investment in upscale living. Less than a year old, properties like this are nearly impossible to find.Located in the heart of Fort Lauderdale, this luxury complex is minutes from Las Olas Boulevard, Fort Lauderdale Beach, and Hugh Taylor Birch State Park. Enjoy luxury living with private pools, breathtaking views, and easy access to top dining, shopping, and entertainment. All four townhomes are occupied and on two year leases and not expiring until Q3 of 2027! This is the perfect cash cow for any investor looking to passively manage a trophy asset or a buyer looking to close a 1031 out! Monthly gross income is $31k with built in annual rent increases. Call today for more details.
Features of 1220 Ne 15th Avenue
MLS® # | RX-11110803 |
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Price | $5,750,000 |
Bedrooms | 17 |
Bathrooms | 16.00 |
Full Baths | 16 |
Square Footage | 12,544 |
Acres | 0.33 |
Year Built | 2023 |
Type | Multi-Family |
Sub-Type | Quad Plex |
Style | No |
Status | Active |
Community Information
Address | 1220 Ne 15th Avenue |
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Area | 3380 |
Subdivision | THE ENCLAVE AT LAKE RIDGE |
City | Fort Lauderdale |
County | Broward |
State | FL |
Zip Code | 33304 |
HOPA | No Hopa |
Amenities
Utilities | Public Sewer, Public Water |
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# of Garages | 8 |
View | Pool |
Is Waterfront | No |
Waterfront | None |
Has Pool | Yes |
Pool | Inground, Salt Water |
Subdivision | None |
Interior
Heating | Central, Electric |
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Cooling | Ceiling Fan, Electric, Central |
# of Stories | 3 |
Exterior
Exterior Features | Auto Sprinkler, Covered Patio, Fence |
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Lot Description | 1/4 to 1/2 Acre |
Roof | Tar/Gravel |
Construction | CBS |
Additional Information
Zoning | RC-15 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Compass Florida LLC |
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