Two-Unit Duplex with Impact
For Sale
$510,000
532 NW 19th Ave, Fort Lauderdale, FL 33311
Residential Income, Fort Lauderdale, FL
Property Size1,490 SF
Price / SF$342.28
Days on Market83
Property Features for 532 NW 19th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RS-8
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1
Parking
4
Subdivision
DORSEY PARK 4TH ADD
Lot features
Flood Zone, 1/4 to 1/2 Acre Lot
Standard status
Active
APN
504204270050
Size
1,490 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
DORSEY PARK 4TH ADD 25-26 B LOT 5 BLK 19
Tax Annual Amount
8702
Legal Description
DORSEY PARK 4TH ADD 25-26 B LOT 5 BLK 19
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
impact doors and windows
Building Details
Year built
1952
Floors in Building
1
Flooring type
Tile
Building materials
CBSConcreteBlockStructure, Block
Roof type
Tar/Gravel
Listing Agency:
Realty One Group Royal Oaks
(305) 456-6540
Listed By:
Minor Ruiz · License #3464089
(786) 487-4419
Added: Jul 18
Changed: Oct 4
Last Checked: Oct 8 at 7:06AM
MLS# A12004729
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 1,490-square-foot duplex, built in 1952, contains two residences, each arranged with two bedrooms and one bathroom. The building has a concrete-block structure, tile flooring, and impact-rated doors and windows. Each unit is equipped with its own meter, and both have month-to-month tenants.
The property connects to public sewer, with cable service available. Cooling is provided by wall or window units.
The property connects to public sewer, with cable service available. Cooling is provided by wall or window units.
Key Highlights
- Two‑unit duplex totaling 1,490 square feet
- Two bedrooms and one bathroom in each unit
- Separate meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,838
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,760
$496.8K
Cap Rate 7%
$354,829
$354.8K
Cap Rate 9%
$275,978
$276.0K
Market Conditions
NOI Build-Up for 1,490 SF
Gross rent
$37.5K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$35.5K $23.81/SF
− OpEx
−$10.6K −$7.14/SF
NOI
$24.8K $16.67/SF
Area
Fort Lauderdale, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,760
Cap Rate 7%
$354,829
Cap Rate 9%
$275,978
Alternative Uses
Best Use
Multifamily LT 5
$354.8K
$310.5K – $414.0K
NOI $24,838 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$319.6K
$279.7K – $372.9K
NOI $22,374 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.00M
$876.1K – $1.17M
NOI $70,090 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate utility meters and month-to-month occupancy.
Where is this duplex located?
The property is located at 532 NW 19th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,490 square feet; Two bedrooms and one bathroom in each unit; Separate meters for each residence
