Building Description
Executive Summary
Prime Location!! Located Next To Each Other In The Heart Of Fort Lauderdale, Just Minutes From Downtown, Las Olas, And World-Famous Fort Lauderdale Beach. Both Triplexes Are For Sale. Asking Price Is Per Triplex. Each Building Is Approximately 2,000+ Sq. Ft. And Features Two 2-Bedroom/1-Bath Units And One Studio, For A Total Of Four 2-Bedroom/1-Bath Units And Two Studios. Roofs Are 14+/- Years Old, Central A/C'S Are Newer, Tenants Pay Electric. Current Rents Are Below Market, Estimated Gross Annual Income Of $57,600, With Potential Gross Of $65K+. Estimated Annual Expenses Taxes Of $10,635, Insurance $7,000, Lawn $720, Water/Trash $4200. Potential Income 35-45k+ This Is That Diamond In Rough You've been Looking For!
Approved Uses by Zoning — Residential Single Family/Duplex/Low Medium Density (RD-15 - Residential)
Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.
Allowed by right
Single Family Dwelling, Single Family Dwelling, Attached: Cluster (Sec. 47-18.9), Single Family Dwelling, Attached: Duplex/Two-Family Dwelling (Sec. 47-18.45), Single Family Dwelling: Zero-lot-line (Sec. 47-18.38), Community Residence, 3 residents maximum (Sec. 47-18.47), Family Community Residence, 4 to 10 residents with 1,000-ft distance separation (Sec. 47-18.47), Active and Passive Park, Social Service Residential Facility, Level I, Family Day Care Home (Sec. 47-18.8), Urban Agriculture (Sec. 47-18.41)
With special approval
Family Community Residence, less than 1,000-ft distance separation (Sec. 47-18.47), Transitional Community Residence, more than 4 residents / Family Community Residence, more than 10 residents / Community Residence with no license or certification available (Sec. 47-18.47)
Read the full RD-15 - Residential zoning guide ›
