Gridline Properties is proud to exclusively present Progresso Village Apartments, a well-maintained 11-unit multifamily asset located at 633 NW 15th Avenue, Fort Lauderdale, FL. This is an exceptional opportunity for investors to acquire a stabilized multifamily property generating a steady income stream of $14,000 per month.
This multifamily investment offers stability, upside potential, and strong long-term growth prospects in one of Fort Lauderdale’s most dynamic and evolving neighborhoods.
The combination of recent renovations, upgraded systems, and the property’s prime location makes it a low-maintenance, high-yield asset for any investor looking to capitalize on the ongoing transformation of Fort Lauderdale.
Gridline Properties
Features & Details
Learn about the features and details of 633 NW 15th Ave
Property Details
Property Type
SingleFamilyResidence
Living Area
3,916 sqft
Year Built
1958
Lot Size
9,000 sqft
Stories
-
Annual Tax
$20,378.00
List Date
4/29/2025
Updated
6/13/2025
Last Checked
Recent
MLS Number
#A11792692
Brokerage
Gridline Properties
Postal Code
33311
Area
Broward
City
Fort Lauderdale
Additional Property Features
Occupancy
CallAgent
List Price
$1,320,000.00
Unit Number
-
Construction
Other
Heating
Other
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Other
Elevator
No
Locker
No
Swimming Pool
None
Patio
Open,Porch
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Other
Inside
Bedrooms & Baths
0 Bed, 1 Bath
Bedrooms
0
Full Bathrooms
1
Ensuite
Yes
Bathrooms
1
Flooring
Mixed
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Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 633 15th Ave
20.5%100%
30 Years
Estimated Monthly Payment
$5,317
Cash Flow Analysis
Mortgage Payment:
$5,317
Monthly Payment:
$7,015.17
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this exceptional singlefamilyresidence in the heart of Durrs, Fort Lauderdale. This well-appointed property offers 1 bathroom, 3,916 square feet of living space situated on a 9,000 square foot lot. Originally built in 1958. Offered at $1,320,000.00 The property comes with Other. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.