615 NE 8 Avenue, Fort Lauderdale, FL 33304 (MLS# F1341336)

615 NE 8 Avenue, Fort Lauderdale, FL 33304

$459,000
Property Type: Commercial Sale Square Footage: 2,899 Status: Closed
Current Price: $459,000 List Date: 5/15/2015 Last Modified: 6/09/2026

Overview

Description

Located east of Federal Highway in Victoria Park, this is a great opportunity for one who excels in renovations. This vintage 5 unit building currently has rental rates not seen since the 1990's so the figures below are based on projected rents and actual 2014 expenses. Each apartment is on month to month basis & is metered separately for electricity. One unit is quite spacious and offers an additional half bathroom along with a private patio and fenced yard. Please include proof of funds.

Listing Details MLS# F1341336

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
5
Price Per Unit
91800
Occupant Type
Call Listing Agent
Building Area Main
2899
Year Built
1965
Parking Total
5
Lot Size Area
2899
Stories Total
Yes

Property Features

Common Area Maintenance Includes: Interior Electric Documents Available: Additional Assessment; Books & Records; Rent Rolls Electric: Separate Meters Flooring: Vinyl Location of Property: City Location Parking Features: Common Possession: Negotiable; Subject To Tenant Rights Property Condition: Resale Sale Includes: Land Special Licenses: City License Source Of Expenses: Owner Provided; Pro Forma Construction Materials: CBS Cooling: Central Individual; Wall/Window Unit(s) Listing Terms: Cash; Conventional Road Frontage Type: City Street Roof: Composition; Shingle; Other Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: City Jurisdiction; Disclosure Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only

Contract Information

Comp Sale YN
No
Original List Price
459000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
615
Street Direction Prefix
NE
Street Name
8
Street Suffix
Avenue
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33304
Area
3270
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494234074410
Subdivision Number
7
Zoning
RMM-25
Directions
BROWARD BLVD TO FEDERAL HWY, NORTH TO NE 6 ST, EAST TO NE 8 AVE, NORTH TO BLDG - OR - SUNRISE BLVD TO NE 15 AVE, SOUTH TO NE 6 ST, WEST TO NE 8 AVE, NORTH.
Property Description
VICTORIA PARK 5 UNITS

Financial Information

Tax Annual Amount
6883
Tax Year
2014
Tax Legal Description
LOT 17,18 BLK 311 PROGRESSO 2-18 D

Status Change Information

Major Change Timestamp
2015-06-22T11:55:27Z
Major Change Type
Status Change
Status Change Date
2015-06-22
Under Contract Date
2015-05-21
Close Date
2015-06-22
Close Price
459000
Buyer Financing
Cash

More Information

Meter Information

Number Of Meters Total
5

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Income
58200
Gross Scheduled Income
60000
Inc/Exp Statement Period
PROJECTION
Insurance Expense
5296
Maintenance Expense
3473
Net Operating Income
35221
Operating Expense
22979
Other Expense
23651
Real Estate Taxes
6607
Service Expense
552
Utilities Expense
6379
Vacancy Allowance Rate
3

Description of Unit Type 1

Units Total
Yes
Furnished
No
Annual Rent
525

Description of Unit Type 2

Units Total
3
Furnished
No
Annual Rent
512

Description of Unit Type 3

Units Total
Yes
Furnished
No
Annual Rent
785

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
158.33
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
4410

Originating Details

Originating System Key
194937214
Originating System ID
M00000170

Currently Not Used

Ownership Type
Sole Proprietor

Office/Member Information

DXORIGMLSID
FLL

Electric

Separate Meters
Yes

Flooring

Vinyl
Yes

Parking Features

Common
Yes

Property Condition

Resale
Yes

Documents Available

Additional Assessment
Yes
Books & Records
Yes
Rent Rolls
Yes

Location of Property

City Location
Yes

Possession

Negotiable
Yes
Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Special Information

City Jurisdiction
Yes
Disclosure
Yes

Common Area Maintenance Includes

Interior Electric
Yes

Sale Includes

Land
Yes

Special Licenses

City License
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

City Street
Yes

Roof

Composition
Yes
Shingle
Yes
Other
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes
Pro Forma
Yes

Cooling

Central Individual
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
IDX
Listing Office: The Keyes Company
Last Updated: June - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.