This meticulously renovated Hollywood duplex is the definition of "worry-free investing." Comprised of two oversized 1-bed, 1-bath units, the property has been stripped to the studs and modernized for maximum curb appeal and longevity. Every major system is brand new, including the roof, impact windows/doors, electrical, plumbing, HVAC units, and stainless appliances. Each unit features sleek flooring, designer kitchens, and spacious living areas that attract high-quality tenants. Both units generate immediate cash flow with tenants responsible for their own water and electricity. Situated on a massive 6,502 sq. ft. lot (RC15 Zoning), the property offers rare flexibility. Expand your ROI by adding a third unit, a tropical pool, or an ADU. With gated parking and a prime location near top-tier dining, shops, and public transit, this is a prime candidate for a high-yield Short-Term Rental (Airbnb/VRBO) or an owner-occupant looking to live for free while renting the other side. Seller's preferred lender to offer below market rates and incentives to help buyer's closing costs!
Listed by Anne Mourra
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License #3375223
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Rate Leaf Homes INC
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786-789-4603
Last updated February 21, 2026
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Source: MIAMIRE #A11969747
Listing Facts
TypeMulti-family
NeighborhoodLake Ridge
Days on Prevu23
Taxes$11,605/year
Size1,120 sqft
Price per sqft$603
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
02/21/2026
Listed by Rate Leaf Homes INC
$675,000
Property Details for 1116 NE 15th Ave
Exterior
Construction
Roof: Flat Roof With Facade Front
Stories: 1
Stories Total: 1
Structure Type: Duplex
Year Built: 1975
Year Built Details: Effective Year Built
Architectural Style: Detached
Building Name: PROGRESSO
Construction Materials: CBS Construction
Measurements
Building Area Total: 1,120
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 494234043470
Tax Annual Amount: $11,605.00
Tax Year: 2025
Interior
Measurements
Living Area: 1,120
Living Area Units: Square Feet
Other
Location
Subdivision Name: PROGRESSO
Parking
Parking
Parking Total: 5
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Electric
Has Heating: Yes
Sewer: Public Sewer
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1116 NE 15th Ave.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 1116 NE 15th Ave.
What are the annual taxes for 1116 NE 15th Ave?
Annual taxes for this multi-family home are estimated at $11,605.
How does 1116 NE 15th Ave compare to other multi-family homes in Lake Ridge?
This multi-family home is listed 51% below the average price for multi-family homes in Lake Ridge and has been on the market for 68 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the PROGRESSO building.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,120 sqft.
1116 NE 15th Ave is a -bedroom multi-family home for sale in Fort Lauderdale FL 33304. Available on Prevu for 23 days at $675,000. This property features 1,120 square feet of living space, located in Lake Ridge. The median listing price for multi-family homes in this area is $699,999. Additional amenities include pets allowed and parking. View other multi-family home listings in Fort Lauderdale.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.