637 NW 15 TER, Fort Lauderdale FL 33311
$1,580,000
Est. Payment $8,409/mo
1965
Year Built
80
Days on Market
Description
ATTENTION TO ALL INVESTORS looking for a turn key multifamily with solid tenants and great returns. This property consist of 8 legal units, all units have separate FPL meters and one water meter. The property went through an intensive permitted renovation, brand new electrical system, plumbing, sprinkler system, driveway, landscaping and interior remodeling, hurricane shutters in all windows, both roof were done in 2016. Currently collecting $11,631/month with potential to increase it to $12,600 at renewal (two tenants already renewed at $1,575/month). One parking space per unit. Please do not bother tenants. Serious inquiries only!
Facts
- MLS#
- A11514110
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1965
- Lot Size
- 9,000 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 80 days
- Listed
- Jan 13, 2024
- Last Updated
- May 20, 2024
- Price/Lot Sq.Ft.
- $176/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$1,580,000
— bd · 0 ba · —
637 NW 15 TER, Fort Lauderdale FL 33311
SOLD$1,600,000
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SOLD$1,500,000
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834 NW 10th Terr, Fort Lauderdale FL 33311
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Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
68
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/20/2024 | Sold | $1,580,000 |
| 1/13/2024 | Listed for sale | $1,580,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Diplomat Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
Diplomat Middle School6,7,8 · public · 0.9 mi
New Testament Baptist School1,2,3,4,5,6,7,8,9,10,11 · private · 1.4 mi
Dr Carrie D Robinson Littleton Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.6 mi
Tropic Isles Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.6 mi
North Fort Myers High School9,10,11,12 · public · 1.9 mi
Classical Christian AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11 · private · 2.0 mi
Hope Christian AcademyPK,KG,1,2,3,4,5,6,7,8,9,10 · private · 2.1 mi
Good Shepherd Lutheran SchoolKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.4 mi
Cape AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.4 mi
Estimated Monthly Payment
$9,876/mo
Principal & Interest
$8,409
Property Tax
$1,317
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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