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.
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
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#: F10505721
Originating 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
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$8,744,900