5 photos$850,000list price
Price cut$49,000
0 ba · 2,617 sq ft 2 to 4 units
203 NW 12TH AVE #205, FORT LAUDERDALE, FL 33311
Listing courtesy of Compass Florida LLC. MLS# B26067186.On the MLS · Listed Sep 3
$1,200,000
526 NW 15TH WAY, FORT LAUDERDALE, FL 33311
0 baths4,009 sq ft2 to 4 unitsBuilt 1957
Updated today, November 3, 2026This home against Dorsey-Riverbend
$299 per sq ft, 8% under the Dorsey-Riverbend median
78 days on the market
$21,674 in property taxes (2025)
11,326 sq ft lot
Dorsey-Riverbend today: 23 homes for sale, median list price $459,900.
About this home
Multi-family investment opportunity with immediate cash flow: 5 rentable units on one 11,300 SF lot in Fort Lauderdale. A fourplex (4-plex) with four 2BD/1BA units at $1,800/month each, plus a separate 4BD/2BA single-family home at $2,800/month, for $10,000/month and $120,000 in gross annual income. NOI of approximately $74,000 for a 6.2% CAP rate. Tenants in place. CBS block construction, with sufficient parking, fenced backyard with gazebo and BBQ area, and no HOA. A separate outbuilding currently used for storage offers value-add upside, with potential conversion to a laundry facility or additional living space, subject to applicable approvals. Ideal for investors seeking multiple income streams, rental income and future upside. Lot size and property information based on BCPA records.
Zoned schools
Elementary: North Fork Elementary School
Middle: Parkway Middle School
High: Stranahan High School
From Broward County Public Schools attendance zones.
Near this home
Park: Provident Park, 0.4 mi
Grocery: Fiesta Food Mart, 0.8 mi
Distances from the center of Dorsey-Riverbend, FORT LAUDERDALE.
Listing courtesy of Keller Williams Realty Consult. MLS# B26065700.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 17, 2026.
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