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Sold for $8,750,000 on 07/30/25
  • $8,750,000

    2732 NE 15th St, Fort Lauderdale, FL 33304

    13beds
    10baths
    7,776sqft
    Quadruplex
    Built in 1951
    -- sqft lot
    $8,744,900 Zestimate®
    $1,125/sqft
    $2,258 Estimated rent

    What's special

    The Best investment gem in Fort Lauderdale! This sale is for two turnkey 4-plexes (8 units total) on over ½ acre with 200' of deep-water frontage (no fixed bridges) on a wide 127' canal. 13 beds 10 baths! Generates $600K+/year as a luxury short-term rental. Each building has its own heated pool, 2 parking spaces per unit. One 4-plex was fully renovated with high-end finishes, impact glass, modern kitchens, updated baths, & designer furnishings. New concrete dock (2021). Perfect for group rentals, family retreats, or events. Zoned RM-25 with potential for luxury townhomes, condos, or future redevelopment. Rare blend of immediate income & long-term upside. Prime location near beaches, shopping, dining, golf, & top Bayview elementary school. opportunities like this are truly rare! Call today The Best Investment Gem in Fort Lauderdale — Rare Dual 4-Plex Waterfront Opportunity! Presenting an unmatched opportunity in the heart of prestigious Coral Ridge — this offering includes two fully operational 4-plexes (8 total units) spanning over ½ acre with an incredible 200 feet of deep-water frontage on a wide 127' canal, with no fixed bridges to the ocean. Currently operated as high-performing luxury short-term rentals, these properties generate over $600,000 per year in income, offering not only immediate cash flow but long-term redevelopment potential. With 13 bedrooms and 10 bathrooms across both buildings, this flexible layout accommodates everything from individual vacation renters to large groups, family reunions, wedding parties, and corporate retreats. Each 4-plex features: Its own private heated pool 2 assigned parking spaces per unit (16 total) Modern central air conditioning Private patios and shared outdoor lounge areas Large, open-plan living areas designed for comfort and style One of the buildings has undergone a complete, high-end renovation including: Impact-resistant windows and doors Designer tile flooring and upscale lighting Modern kitchens with quartz countertops and stainless steel appliances Updated bathrooms with walk-in showers and contemporary finishes Thoughtfully curated designer furnishings throughout In 2021, a new concrete dock was installed, offering 100 feet of secure dockage on a deep-water canal, perfect for accommodating large boats or yachts. Boaters will appreciate quick, unrestricted access to the Intracoastal and open ocean—no fixed bridges! Zoned RM-25, this property offers incredible redevelopment potential. Build luxury townhomes, boutique condos, or multi-family residences, capitalizing on the expansive lot size and coveted Coral Ridge location. The possibilities for value add or full-scale development are limitless. Situated just minutes from: Fort Lauderdale Beach Las Olas Boulevard’s shopping and dining Golf courses and marinas Bayview Elementary School — one of the area’s top-rated public schools This is more than an income-producing property — it's a rare, high-demand asset in one of Fort Lauderdale’s most desirable neighborhoods. Whether you're an investor looking for high-yield cash flow, a developer searching for waterfront land, or a buyer seeking a compound-style retreat, this is the ultimate opportunity. Why This Property Stands Out: Immediate and consistent rental income with proven performance Zoned for high-density redevelopment (RM-25) Two self-contained 4-unit buildings, each with pool and independent operation Fully renovated 4-plex with impact glass and high-end interiors 200' of waterfront + 100' dockage on a deep-water canal with no fixed bridges Prime east Fort Lauderdale location with strong rental demand Potential to rent as individual units or a full 8-unit resort-like experience Opportunities like this are truly rare in Fort Lauderdale. Own an established income machine with flexible exit strategies — operate as-is, expand, redevelop, or sell off individually. Call today for more details or to schedule a private showing. Serious investors and developers welcome.

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 12:59pm

    Listed by:

    Wes Houx 954-737-1632,

    Latitude Key Real Estate

    Bought with:

    Tika Katalin Van Den Hurk, 3297794

    Douglas Elliman

    Source: BeachesMLS ,MLS#: F10505721MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 10
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air
    Features
    • Flooring: Tile
    • Doors: High Impact Doors
    Interior area
    • Total structure area: 7,776
    • Total interior livable area: 7,776 sqft

    Property

    Parking
    • Total spaces: 16
    Features
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Dock, Outdoor Grill, Lighting, Outdoor Shower
    • Pool features: In Ground, Heated
    • Fencing: Fenced
    • Waterfront features: Canal Width 121 Feet Or More, No Fixed Bridges, Seawall
    • Frontage length: Waterfront Frontage: 200
    Lot
    • Size: 0.57 Acres
    • Dimensions: 125 x 200
    • Features: 1/2 To Less Than 3/4 Acre Lot
    Details
    • Parcel number: 494236021510
    • Zoning: RMM-25
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Cbs Construction
    • Foundation: Slab
    • Roof: Flat Tile,Composition
    Condition
    • Updated/Remodeled
    • Year built: 1951

    Utilities & green energy

    • Gas: Bottle Gas
    • Sewer: Public Sewer
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Fort Lauderdale
    • Subdivision: Coral Ridge 21-50 B

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    Services availability
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    Estimated market value

    $8,744,900