Jacksonville Fl

Buy a Single Family Home in Jacksonville, Florida

3,050 sqft
4
5
1
Purchase Price:
$1,595,000
Projected Rent:
$8,000
Property Leverage:
All-cash or financed LLC ownership available

417 SW 15th St is a rare dual-unit townhome in Fort Lauderdale’s sought-after Croissant Park neighborhood, delivering investors a powerful combination of immediate income potential and long-term appreciation. The property features two fully independent residences: Unit A, a spacious five-bedroom, three-bath home with soaring ceilings, a chef’s kitchen, and modern open-concept living; and Unit B, a stylish two-bedroom, one-bath residence with chic finishes and its own private living space. What makes this property truly stand out is its private heated pool and outdoor entertainment area, elevating it into a resort-style rental that commands premium rates across both long-term and short-term markets. Its prime location near Las Olas Boulevard, Fort Lauderdale Beach, and the international airport ensures consistent occupancy and strong returns. With Fort Lauderdale’s housing market historically appreciating at around 5% annually, this property offers investors the opportunity to earn reliable monthly income while building meaningful equity growth over time.

Amenities

Air Conditioner Icon - Property X Webflow Template
Air conditioner
Cable TV Icon - Property X Webflow Template
Cable TV
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Dishwasher
Fire Extinguisher Icon - Property X Webflow Template
Fire extinguisher
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Elevator
Garden Icon - Property X Webflow Template
Garden
Internet Icon - Property X Webflow Template
Internet
Pool Icon Icon - Property X Webflow Template
Pool
Laundry Icon - Property X Webflow Template
Laundry
Security Cameras Icon - Property X Webflow Template
Security cameras
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Iron
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Gym
Kitchen Icon - Property X Webflow Template
Kitchen
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Grill
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Refrigerator
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Heater
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Chimney
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Sports field
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Pet friendly
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Smoking area
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Microwave
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Lockpad
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Kids zone
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Garage

The Market

Fort Lauderdale is one of South Florida’s strongest and most resilient real estate markets, powered by a diversified economy, steady in-migration, and year-round tourism. The Croissant Park area, where this property is located, is particularly desirable for its proximity to downtown, the beaches, and the airport — all major drivers of tenant demand. Over the past decade, homes in Fort Lauderdale have appreciated at an average of ~5% annually, supported by limited supply and continued population growth. Investors in this market benefit from both steady rental income and meaningful long-term appreciation.

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Investment Strategy -
Hypothetical Returns

1. Annual Cash Flow

Projected Annual Rent:

$96,000

Estimated Annual Expenses:

$28,000

Net Operating Income (NOI)

$68,000 / year

Paid monthly from net rental income.

2. Annual Appreciation Returns

Annual Appreciation (Hypothetical):

$79,750 / year

Purchase Price:

$1,595,000

3-Year Equity Growth @ 5% (compounded):

$250,000

Paid monthly from net rental income.

Annual Appreciation (Narrative)

Fort Lauderdale’s housing market has a proven track record of steady appreciation, averaging around 5% annually over the last decade. Croissant Park, where this property is located, is one of the city’s most desirable neighborhoods thanks to its proximity to Las Olas, the beaches, downtown, and the airport. That combination of limited supply and constant demand has consistently fueled price growth above regional averages. For investors, this means that beyond generating an estimated $68,000 in annual net operating income, the property itself could be adding nearly $80,000 in equity growth each year.

Over a three-year hold, that compounds to roughly $250,000 in additional investor value, paid pro-rata upon sale. This dual engine of income and appreciation is what makes the 417 SW 15th St investment so powerful: reliable monthly distributions today, and meaningful equity upside tomorrow. While past results don’t guarantee the future, the fundamentals in this market—migration, tourism, and constrained land supply—strongly position this property for both stability and long-term growth.

Offering Details

Property Purchase Price

$1,595,000

Property Improvements & Cash Reserves

$50,000

Closing, Offering & Holding Costs (2%)

$31,900

Sourcing Fee (One-time, 2%)

$1,708,800

Full Purchase Price:

$1,595,000

Ownership starts at

1/4 (25%)

1/4 Ownership Value

$398,750

Down Payment Example (30%)

$119,625

Asset Management Fee:

1.5% annually

Target Hold:

3 years

#
share percentage
Value
1
1/4 Ownership
$398,750
2
1/2 Ownership
$797,500
3
Full Ownership
$1,595,000
Accredited investors only*
Financing: Available via LLC structure (rates/terms subject to qualification)*
This offering is made pursuant to an exemption from registration under the U.S. Securities Act of 1933, Regulation D, Rule 506(c). Securities are being offered only to accredited investors who meet certain eligibility requirements.*
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