Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1840 SW 24th Street Fort Lauderdale, FL 33315

    View on Map
    Claim this Listing
    For Sale
    $835,000

    MULTI_FAMILY - Fort Lauderdale, FL

    Property size:
    1,912 SF
    Lot size:
    0.15 Acres
    Added:
    Jan 9, 2026
    Days on Market:
    96
    Last Refresh:
    Apr 15 at 10:06 pm

    Property Features for 1840 SW 24th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    RML-25
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 3
    Patio and Porch features
    Patio, Deck
    Exterior features
    Built-in Barbecue, Custom Lighting, Outdoor Shower
    Fencing
    Fenced
    Standard status
    Active
    APN
    504221010020
    Size
    1,912 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    F A BARRETTS SUB OF W1/2 OF 21-50-42 1-46D N 127.30 OF E 50 OF W 100 OF ALL OF THE FOLLOWING DESC PAR,W 70 OF E 110.48 O
    Tax Annual Amount
    10226

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Wall/Window Unit(s), Electric, Humidity Control, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1972
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile - Ceramic
    Building materials
    Concrete, Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Yvonne Plass

    Listing agent Yvonne Plass License #3402236

    Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

    Listing date Jan 9, 2026

    MLS# R11152984 Listing URL

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

    Overview

    Fort Lauderdale Duplex Investment Opportunity

    This well-located duplex in Fort Lauderdale features two units, each containing 2 bedrooms and 2 bathrooms. The property is part of a twin-duplex package, with both properties available for sale. The pricing reflects the cost per individual multifamily property. The 0.15-acre property may be sold fully furnished. Its location provides convenient access to I-595 and I-95, as well as Fort Lauderdale-Hollywood International Airport, Port Everglades, major marinas, hospitals, and employment centers. The area experiences strong rental demand, making this property suitable for short-term or mid-term rental use, potentially catering to cruise passengers and crew, yacht staff, and airport and hospital professionals. This 1,912 square foot property presents a turnkey investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CARYS, LLC Medical Clinic

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness 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
    -80.16512
    Latitude
    26.092134

    Nearby Similar for Sale

    • $3,600,000

      Sunrise Boulevard Commercial Investment Opportunity

      Commercial property with multiple income streams on Sunrise Boulevard.
      2990 W Sunrise Blvd, Fort Lauderdale, FL 33311
      View Details
    • $710,000

      Fort Lauderdale Retail/Office Building

      Freestanding retail/office building on Federal Hwy, Fort Lauderdale.
      1200 S Federal Hwy, Fort Lauderdale, FL 33316
      View Details
    • $895,000

      Fort Lauderdale Commercial Opportunity

      Established business in a thriving Fort Lauderdale location.
      916 NW 9th Ave, Fort Lauderdale, FL 33311
      View Details
    • $1,900,000

      Fort Lauderdale Office/Warehouse Opportunity

      Freestanding office/warehouse with B-3 zoning in a desirable location.
      1143 NE 7th Ave, Fort Lauderdale, FL 33304
      View Details
    • $1,350,000

      Fort Lauderdale Mediterranean Restaurant Opportunity

      Turn-key Mediterranean restaurant with high ratings and growth potential.
      511 SE 5th Ave (Restaurant), Fort Lauderdale, FL 33301
      View Details
    • $98,000

      Boba Tea Shop Opportunity

      Turnkey boba tea shop for sale on North Federal Highway.
      Boba Tea Shop For Sale On Busy North Federal Hwy, Fort Lauderdale, FL 33304
      View Details
    • $1,300,000

      High Visibility Retail on Commercial

      Retail opportunity with high visibility and easy highway access.
      1744 E Commercial Blvd, Fort Lauderdale, FL 33334
      View Details
    • $424,999
      1,786 SF

      Lauderhill Duplex on Corner Lot

      Duplex in desirable Lauderhill neighborhood, close to amenities.
      4100 NW 39TH AVENUE, FORT LAUDERDALE, FL 33309
      View Details
    • $975,000

      Fort Lauderdale Retail Near Beach

      Retail space in east Fort Lauderdale, one block from beach.
      3313 NE 32nd St, Fort Lauderdale, FL 33308
      View Details
    • $6,000,000

      Boutique Hotel Investment Opportunity

      Turn-key, 17-unit boutique hotel in Fort Lauderdale.
      505 SE 16th St, Fort Lauderdale, FL 33316
      View Details
    • $150,000

      Established Restaurant on Federal Hwy

      Turn-key restaurant with high visibility and loyal clientele.
      4350 N Federal Hwy, Fort Lauderdale, FL 33308
      View Details
    • $380,000

      Established Grocery Store Business Opportunity

      Profitable grocery store with wine/beer license and lottery.
      Fort Lauderdale, FL 33311
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex near highways and airport, ideal for rentals.
    Where is this duplex located?
    The property is located at 1840 SW 24th Street Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $835,000.
    What are key features of this property?
    This property features: Turnkey investment opportunity with strong rental demand (short‑term/mid‑term).; Each unit features 2 bedrooms and 2 bathrooms.; Convenient location near I‑595, I‑95, and Fort Lauderdale‑Hollywood International Airport.
    (561) 860-7053
    We can help!
    Listing Contact
    Yvonne Plass
    Real Estate License ID: 3402236
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!