923 W Las Olas Boulevard 1-2, Fort Lauderdale, FL 33312

New Listing

$1,485,000

Virtual Tour

https://www.propertypanorama.com/923-W-Las-Olas-Boulevard-Unit-12-Fort-Lauderdale-FL-33312/unbranded

Property Type: Residential Income Square Footage: 3,212 Status: Active

Current Price: $1,485,000 List Date: 7/24/2026 Last Modified: 7/24/2026

Overview

Description

Duplexes Packaged Together as One - 923 & 925 W Las Olas Blvd. A rare opportunity for investors to acquire two income-producing multifamily assets with tremendous upside potential in the heart of Downtown FTL. Situated directly on the iconic Las Olas Boulevard, these properties are positioned within Sailboat Bend—one of the city's fastest-emerging neighborhoods and an area poised for significant growth as the continued westward expansion of Las Olas gains momentum. The offering provides stable in-place rental income with immediate cash flow, substantial value-add potential, and an exceptional bonus that sets it apart from comparable opportunities. The combined parcels have been fully entitled and approved for redevelopment, complete with a full set of development plans.

Supplements: Whether your strategy is to hold for long-term appreciation, renovate and increase cash flow, capitalize on the approved redevelopment plans, or pursue a future development opportunity, 923 & 925 W Las Olas Boulevard offers a unique combination of income, optionality, and long-term upside in one of South Florida's most desirable urban markets.

Listing Details MLS# B26056173

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 3212
Building Area Source: Appraiser
Living Area Main: 3212
Living Area Source: Appraiser
Adjusted Area Main: 3212
Accessibility Features YN: No
Year Built: 1972
Parking Total: 6
Gated Community YN: No
Lot Size Area: 13000
Lot Size Acres: 0.3
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Environmental Audit; Existing Survey; Financial Statement; PUD Plan Available; Rent Rolls Exterior Features: Courtyard; Garden Fencing: Full Flooring: Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex; Multi Family Tenant Pays: Electricity Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central Laundry Features: Laundry Room Listing Terms: 1031 Exchange; Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Call Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: City Street Road Responsibility: Public Maintained Road Roof: Composition; Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Occupied; Text Listing Agent Outdoor Living Spaces: Courtyard; Patio; Porch Courtyard Details: Courtyard - Open Patio Details: Patio - Open Porch Details: Porch - Open Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Split Bedroom Plan; Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen; Laundry Room Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Interior Features: Split Bedroom Plan; Walk-In Closet(s) Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Family Room; Kitchen; Laundry Room Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1485000
Negotiable Seller Concessions YN: No
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 923
Street Direction Prefix: W
Street Name: Las Olas
Street Suffix: Boulevard
Unit Number: 1-2
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33312
Postal Code +4: 7150
Subdivision Name: WAVERLY PLACE
Area: 3470
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Elementary School: North Fork
Middle Or Junior School: New River
High School: Stranahan
Special Assessment YN: No
Parcel Number: 504209091430
Subdivision Number: 9
Zoning: RML-25
Flood Zone: AE

Financial Information

Application Required YN: No
Master Association YN: No
Tax Annual Amount: 12144.95
Tax Year: 2025
Tax Legal Description: WAVERLY PLACE 2-19 D LOTS 11,12 & S1/2 VAC ALLEY LYING N OF SAID LOTS BLK 113
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-24T16:42:15Z
Major Change Type: New Listing
Status Change Date: 2026-07-24

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 2

Income and Expenses

Gross Income: 94200

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Unit 1 Details

Actual Rent: 2500
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 900

Unit 1 Lease Description

Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2026-08-01
Occupant Type: Tenant

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 2400
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 900

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: 6 Months
Lease Expiration: 2026-12-31
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Price Calculations

Current Price To SqFt: 462.32

Originating Details

Originating System Key: 20260723182433637651000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

Courtyard: Yes
Garden: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Environmental Audit: Yes
Existing Survey: Yes
Financial Statement: Yes
PUD Plan Available: Yes
Rent Rolls: Yes

Fencing

Full: Yes

Structure Type

Duplex: Yes
Multi Family: Yes

Tenant Pays

Electricity: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Construction Materials

CBS: Yes

Laundry Features

Laundry Room: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Composition: Yes
Shingle: Yes

Water Source

Public: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Occupied: Yes
Text Listing Agent: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Call: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Courtyard: Yes
Patio: Yes
Porch: Yes

Courtyard Details

Courtyard - Open: Yes

Patio Details

Patio - Open: Yes

Porch Details

Porch - Open: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Interior Features

Split Bedroom Plan: Yes
Walk-In Closet(s): Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Family Room: Yes
Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Interior Features

Split Bedroom Plan: Yes
Walk-In Closet(s): Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Family Room: Yes
Kitchen: Yes
Laundry Room: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Compass Florida LLC

Last Updated: July - 24 - 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.

923 W Las Olas Boulevard 1-2, Fort Lauderdale, FL 33312 (MLS# B26056173)