This rare dual-unit townhome in Fort Lauderdale’s sought-after Croissant Park neighborhood delivers 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.
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.
For those looking to build or add to their portfolio without investing in individual rental properties, Vekser offers a curated portfolio of real estate properties, allowing you to own between 1 and 12 fractions of each. We take care of everything—maintenance, repairs, finances, and legal matters—so you can enjoy hassle-free ownership.
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.