Two-Unit Duplex with Central
For Sale
$500,000
Pending
734 NW 13th Terrace, Fort Lauderdale, FL 33311
Residential Income, Fort Lauderdale, FL
Property Size1,596 SF
Days on Market322
Property Features for 734 NW 13th Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMM-25
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2
Subdivision
Citrus Park Farms 1-138 D
Standard status
Pending
APN
504204020020
Size
1,596 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CITRUS PARK FARMS 1-138 D LOT 25 S 50 OF N 220 OF E 134 OF W 159 BLK A
Tax Annual Amount
8921
Legal Description
CITRUS PARK FARMS 1-138 D LOT 25 S 50 OF N 220 OF E 134 OF W 159 BLK A
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
2006
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Composition, Shingle
Listing Agency:
Allstar Realty Inc
(954) 530-7118
Listed By:
William M McLaren Jr · License #3009266
(954) 445-7355
Added: Nov 19, 2025
Changed: Oct 7
Last Checked: Oct 7 at 11:06PM
MLS# F10537999
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 duplex contains 1,596 square feet arranged as two residences, each with two bedrooms and one bathroom. The building dates to a period that is not stated consistently in the available information, so no construction year is cited here. Block construction, ceramic tile flooring, central air conditioning, and electric heating and cooling are identified. Public sewer serves the property, and cable is available.
The property is in Fort Lauderdale near I-95, US1, Galleria Mall, Downtown, and the beach. The zoning designation is RMM-25. Both residences are occupied by tenants on month-to-month arrangements, and the property information identifies potential suitability for either an owner occupant or an investor.
The property is in Fort Lauderdale near I-95, US1, Galleria Mall, Downtown, and the beach. The zoning designation is RMM-25. Both residences are occupied by tenants on month-to-month arrangements, and the property information identifies potential suitability for either an owner occupant or an investor.
Key Highlights
- Two residences totaling 1,596 square feet
- Each unit has 2 bedrooms and 1 bathroom
- Block construction with ceramic tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,605
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,100
$532.1K
Cap Rate 7%
$380,071
$380.1K
Cap Rate 9%
$295,611
$295.6K
Market Conditions
NOI Build-Up for 1,596 SF
Gross rent
$40.2K $25.20/SF
− Vacancy
−$2.2K −$1.39/SF
EGI
$38.0K $23.81/SF
− OpEx
−$11.4K −$7.14/SF
NOI
$26.6K $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%
$532,100
Cap Rate 7%
$380,071
Cap Rate 9%
$295,611
Alternative Uses
Best Use
Multifamily LT 5
$380.1K
$332.6K – $443.4K
NOI $26,605 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$342.4K
$299.6K – $399.4K
NOI $23,966 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$1.07M
$938.5K – $1.25M
NOI $75,076 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,418
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer two-bedroom layouts, ceramic tile flooring, and central air conditioning.
Where is this duplex located?
The property is located at 734 NW 13th Terrace Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two residences totaling 1,596 square feet; Each unit has 2 bedrooms and 1 bathroom; Block construction with ceramic tile flooring
