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Backup Offers

637 NW 15th Ter, Fort Lauderdale, FL, 33311

$1,580,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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637 NW 15th Ter, Fort Lauderdale$1,580,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1965
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11514090
StatusAccepting Backup Offers
(Active Under Contract)

About 637 NW 15th Ter

ATTENTION TO ALL INVESTORS looking for a turn key multifamily with solid tenants and great returns. This property consist of 8 legal units, all units have separate FPL meters and one water meter. The property went through an intensive permitted renovation, brand new electrical system, plumbing, sprinkler system, driveway, landscaping and interior remodeling, hurricane shutters in all windows, both roof were done in 2016. Currently collecting $11,631/month with potential to increase it to $12,600 at renewal (two tenants already renewed at $1,575/month). One parking space per unit. Please do not bother tenants. Serious inquiries only!

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1965
  • Stories: 1

Listing Office:

  • Office Name: Jade International Realty LLC
  • Office Phone: (305) 421-6341
  • Listing Agent: Carla Martinez

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl

Virtual/3D Tour

  • Virtual Tour: 637 NW 15th Ter

Virtual Tour

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Stranahan High School, Public Magnet Grades 9-12
  • Parkway Middle School, Public Magnet Grades 6-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,580,000
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

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Fort Lauderdale, FL

City

Med. Sold Price

$475K

Med. Price/SqFt

$366

Avg. Days On Market

66

# of Sold Homes

137

637 NW 15th Ter vs Fort Lauderdale

106 DAYS ON ROCKET

+40 Days

$1,580,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11514090

Listing Office:

  • Office Name: Jade International Realty LLC
  • Office Phone: (305) 421-6341
  • Listing Agent: Carla Martinez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,803

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2806227
2
/10

  • Parkway Middle School

  • 3600 NW 5th Ct

  • 2.07 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2806228
3
/10

  • Stranahan High School

  • 1800 SW 5th Pl

  • 1.24 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,324. The majority of Fort Lauderdale, FL residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Fort Lauderdale›33311›637 NW 15th Ter

This home is located at 637 NW 15th Ter in Fort Lauderdale, FL and zip code 33311 in the Durrs neighborhood. This home was built in 1965. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $1,580,000.

While more than 15 listings in Fort Lauderdale, FL in March 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 104 were sold below. The number of listings in Fort Lauderdale, FL increased by 10% between February 2024 and March 2024. In March 2024 median list price was $475,006 and the average listing age was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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