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    The Largest CRE Database in the US with Over 1 Million Listings

    1210 NE 16Th Ave Fort Lauderdale, FL 33304

    Sponsored
    For Sale
    Under Contract
    $975,000

    Residential Income,Detached,Duplex - Fort Lauderdale, FL

    Property size:
    1,409 SF
    Days on Market:
    5
    Last Refresh:
    Feb 4 at 8:06 am

    Property Features for 1210 NE 16Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    RC-15
    APN
    494234029020
    Parking
    4
    Patio and Porch features
    Patio, Porch
    Pool private
    1
    Exterior features
    High Impact Doors, Laundry Facility, Patio, Screened Porch, Pool
    Size
    1,409 SF

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1958
    Floors in Building
    1
    Flooring type
    Tile, Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Adrienne Foland
    Adrienne Foland

    Balistreri Real Estate (754) 235-7012

    Listing agent Adrienne Foland (954) 489-3100 License #3063306

    Listing date Jan 31, 2026

    MLS# F10536567 Listing URL

    Copyright © 2026 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Airbnb Duplex with Private Pools

    This property in the Lake Ridge neighborhood of Fort Lauderdale is a duplex configured as a one-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit. Each unit has been renovated and includes modern furnishings. The property features impact windows and doors. A new roof was installed in 2022, and the central AC systems were replaced in 2020. Each unit has its own private heated pool. The property is currently operating as a successful Airbnb. Gross revenues for both units in 2025 are projected to total $148,000. The property is suitable for continued operation with the current full-time Airbnb management company (25% fee). The annual insurance cost is $5,500. The monthly FP&L cost is $300 per unit. The monthly water and sewer cost is $650. Pool service is $275 per pool per month, with service twice per week. Landscape service totals $150 per month. The property is zoned RC-15 and has a size of 1409 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1275874
    Latitude
    26.1413785

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    FAQs

    What type of property is this?
    Duplex - Fort Lauderdale duplex featuring private heated pools and modern renovations.
    Where is this duplex located?
    The property is located at 1210 NE 16Th Ave Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - High Gross Annual Revenue: $148k projected for 2025 as a successful Airbnb.; - Rare Duplex with **Private Heated Pool** for Each Unit.; - **Completely Renovated Units with Modern Furnishings.**
    (954) 205-6594
    Request Owner's contact information
    1210 NE 16Th Ave Fort Lauderdale, FL 33304
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    Fort Lauderdale, FL 33304
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1210 NE 16Th Ave Fort Lauderdale, FL 33304
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    We can help!
    Listing Contact
    Adrienne Foland
    Adrienne Foland
    Real Estate License ID: 3063306
    (954) 205-6594
    Learn more
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