Renovated Duplex With Shared
626 NE 17th Way Fort Lauderdale, FL 33304
For Sale
Under Contract
$950,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,016 SF
Lot Size0.14 Acres
Price / SF$471.23
Days on Market76
Property Features for 626 NE 17th Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RC-15
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1
- Patio and Porch features
- Patio
- Pets allowed
- Yes, Call
- Exterior features
- Courtyard, Storage
- Standard status
- Active Under Contract
- APN
- 504202152730
- Size
- 2,016 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VICTORIA PARK CORR AMEN PLAT 10-66 B LOT 20 BLK 19
- Tax Annual Amount
- 16407
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- CBS
- Roof type
- Tile
- Additional Structures
- Storage, Pergola
Listing Agency:
Florida Realty of Miami Corp
(305) 598-5488
Listed By:
Monika M Folker · License #3342648
(954) 504-5170
Added: May 13
Changed: Jul 24
Last Checked: Jul 27 at 3:06AM
MLS# B26028050
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.
Investment Insights
Based on property information with market context.
This substantially renovated duplex is set on a tranquil lot and designed to support flexible occupancy, with readiness for future long-term tenants or short-term guests. The property features a shared backyard area, creating a relaxed residential outdoor setting.
The duplex is located in Fort Lauderdale, in the Victoria Park area, and is zoned RC-15. It is being sold together with 630-632 NE 17th Way.
The offering totals 2,016 square feet and includes the duplex at 626 NE 17th Way, Fort Lauderdale, FL 33304.
The duplex is located in Fort Lauderdale, in the Victoria Park area, and is zoned RC-15. It is being sold together with 630-632 NE 17th Way.
The offering totals 2,016 square feet and includes the duplex at 626 NE 17th Way, Fort Lauderdale, FL 33304.
Key Highlights
- Substantially renovated duplex built in 1951
- CBS construction with tile flooring throughout
- Central heating and central air conditioning
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 | $50.8k | $25.20 |
| − Vacancy | −$2.8k | −$1.39 |
| EGI | $48.0k | $23.81 |
| − OpEx | −$14.4k | −$7.14 |
| NOI | $33.6k | $16.67 |
2,016 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$480.1K
$420.1K – $560.1K
NOI $33,606 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$432.5K
$378.4K – $504.6K
NOI $30,273 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,833 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Substantially renovated duplex on a 0.14-acre lot with a shared backyard, positioned in Fort Lauderdale’s Victoria Park area.
Where is this duplex located?
The property is located at 626 NE 17th Way Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Substantially renovated duplex built in 1951; CBS construction with tile flooring throughout; Central heating and central air conditioning
