Renovated Duplex with Impact
For Sale
$725,000
1827 SW 21st St, Fort Lauderdale, FL 33315
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,570 SF
Price / SF$461.78
Days on Market69
Property Features for 1827 SW 21st St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RD-15
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Parking
4
Security features
Security
Patio and Porch features
Patio
Exterior features
Fence, Fruit Trees, Security/High Impact Doors, Patio
Fencing
Fenced
Subdivision
OSCEOLA PARK
Lot features
< 1/4 Acre
Standard status
Active
APN
504216100041
Size
1,570 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
OSCEOLA PARK 9-46 B LOT 17 BLK 1
Tax Annual Amount
9228
Legal Description
OSCEOLA PARK 9-46 B LOT 17 BLK 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1959
Floors in Building
1
Flooring type
Laminate, Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
Caba Real Estate
(786) 255-5673
Listed By:
Antulio Montiel · License #3241567
(786) 255-5673
Added: May 28
Changed: Aug 2
Last Checked: Aug 4 at 3:06PM
MLS# A12026298
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated duplex offers two 2-bedroom, 1-bath units, each with its own separate electric and water meter. The property was gut-renovated for a 2024–2025 completion, with all-new kitchens and bathrooms plus updated plumbing and electrical, impact windows and doors, and a new roof. Original terrazzo floors and block construction complement the renovation, and each unit includes its own functional layout supported by laminate and tile flooring. Unit 1 is vacant and move-in ready.
Unit 2 is tenant-leased through September 2026, and tenants pay all utilities. The duplex also includes exterior features such as a fenced yard and patio space, along with central electric heating and central air conditioning. With the active short-term rental license through December 2026, the configuration supports operating flexibility where permitted.
Built in 1959, the property is equipped with cable available, public water, and public sewer, helping support year-round livability and consistent operations.
Unit 2 is tenant-leased through September 2026, and tenants pay all utilities. The duplex also includes exterior features such as a fenced yard and patio space, along with central electric heating and central air conditioning. With the active short-term rental license through December 2026, the configuration supports operating flexibility where permitted.
Built in 1959, the property is equipped with cable available, public water, and public sewer, helping support year-round livability and consistent operations.
Key Highlights
- 1,570 SF duplex built in 1959
- 2024–2025 gut renovation includes new kitchens, bathrooms, plumbing, electrical, impact windows and doors, and roof
- Two 2‑bedroom, 1‑bath units with separate electric and water meters
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $25.20 |
| − Vacancy | −$2.2k | −$1.39 |
| EGI | $37.4k | $23.81 |
| − OpEx | −$11.2k | −$7.14 |
| NOI | $26.2k | $16.67 |
1,570 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$373.9K
$327.2K – $436.2K
NOI $26,172 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$336.8K
$294.7K – $392.9K
NOI $23,576 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$1.06M
$923.2K – $1.23M
NOI $73,853 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex with two 2-bed, 1-bath units and impact windows and doors; Unit 1 is vacant and move-in ready.
Where is this duplex located?
The property is located at 1827 SW 21st St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1,570 SF duplex built in 1959; 2024–2025 gut renovation includes new kitchens, bathrooms, plumbing, electrical, impact windows and doors, and roof; Two 2‑bedroom, 1‑bath units with separate electric and water meters
