1520 – 1534 SE. 15thStreet (Mahalo Isles) Fort Lauderdale

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Property Snapshot

1520 - 1534 SE. 15th St.
(Mahalo Isles)
Fort Lauderdale, FL 33316
Purchase Price
Number of Units
% Increase in Rents
Since Closing
Projected IRR

The Mahalo Isles is a 20-unit multifamily community located in the heart of the Harbordale submarket in Fort Lauderdale, Florida. The subject property was built in 1971 using reinforced concrete block, a freshly painted stucco exterior and situated on 0.72 acres of land.

The property is located on the south side of SE 15th St just a couple of blocks from major retailers. Within minutes of driving, you can access the world-famous Fort Lauderdale Beach, renowned Las Olas Blvd and the shops and restaurants of the Galleria Mall.

The property consists of a highly attractive unit mix of 18 One Bed + One Bath, 1 Two Bed + One Bath, 1 Two Bed + Two Bath units, and 14 boat slips totaling approximately 13,280 square feet. The property boasts amenities such as ample parking, sparkling pool, waterfront views, and tropical landscape. The 14 boat slips recently received a brand-new electric panel and grounds and have a newly installed camera-based security system.

Cochise Capital is in the process of repositioning the property to operate as vacation/short term rentals.