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29291541
29291557

1225 Northeast 15th Avenue, Fort Lauderdale, FL 33304 For Sale

PG
3370734
LoKation Real Estate
Listed by LoKation Real Estate
$2,399,000
185 days on market
Updated 21 days ago

1225 NE 15th Ave #1-9

Details
APN 494234029370
Property Type Multifamily
Square Footage 3,770
Units 9
Cap Rate 9.38%
NOI $225,000
Class B
Year Built 1968
Lot Size (SqFt) 13,011
Zoning RM-15
Parking Spaces 9 spaces
Parking per 1,000 SqFt 2.39
Investment Type Stabilized
Sale Condition For sale by owner

PRICE REDUCED $100K | $280K+ STR Income | 9 Units | 9.38% Cap

Marketing description

Now offered with a $100,000 PRICE REDUCTION, this fully operational 9-unit Fort Lauderdale STR investment presents an even stronger opportunity for investors seeking proven income, immediate cash flow, and a 9.38% cap rate at the new reduced price.

Exceptional opportunity to acquire a turnkey 9-unit multifamily short-term rental investment located in a prime Fort Lauderdale rental market. The property generates $280K+ in documented gross STR income with a $225,000 NOI and is offered fully operational, allowing the next owner to step into an existing income-producing asset with systems already in place.

The property features 9 units, 9 parking spaces, RM-15 zoning, and a 13,011 SF lot, providing both strong current income and long-term flexibility. This is a stabilized, income-producing asset with a proven STR track record, making it ideal for investors seeking yield, scale, and operational continuity.

Unlike a property that requires renovations, furnishing, setup, licensing, or repositioning, this asset is already operating as a short-term rental investment. The next owner can benefit from an established income stream, existing operational structure, and strong demand in one of South Florida’s most active rental markets.

With the new $100,000 price improvement, the asset is now positioned even more competitively for investors looking for a high-performing multifamily STR opportunity in Fort Lauderdale.

A rare opportunity to acquire a proven, turnkey 9-unit income-producing property with strong cash flow, documented performance, and immediate upside.

Investment highlights

PRICE REDUCED $100,000 — newly improved pricing creates a stronger entry point for investors

9-unit turnkey multifamily STR investment in Fort Lauderdale

$280K+ documented gross short-term rental income

$225,000 NOI

9.38% cap rate at the new reduced price

RM-15 zoning with long-term flexibility and upside potential

Fully operational short-term rental asset with systems already in place

9 parking spaces

Located in a prime Fort Lauderdale rental market

Ideal for investors seeking immediate cash flow with proven STR performance

Rare opportunity to acquire a stabilized, income-producing 9-unit asset with strong yield

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Listing Contacts

PG
3370734
LoKation Real Estate
Listed by LoKation Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$225,000.00
$18,750.00/mo

Valuation Metrics

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DSCR
9.38%
Cap Rate
9.38%
ROI

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