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Corner-Lot Duplex with Private Entrances
For Sale
$740,000

801 SW 10th Street, Fort Lauderdale, FL 33315

MULTI_FAMILY - Fort Lauderdale, FL

Property Size1,320 SF
Lot Size0.16 Acres
Price / SF$560.61
Days on Market70

Property Features for 801 SW 10th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RD-15
Bedrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
Window features Blinds
Patio and Porch features Porch, Patio, Deck
Pets allowed No, Yes
Exterior features Garden, Lighting
Fencing Fenced
Subdivision CROISSANT PARK RIVER SEC
Lot features Fruit Tree(s), Room for Pool
Elementary school Croissant Park
Middle school New River
High school Stranahan
Standard status Active
APN 504215190460
Size 1,320 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CROISSANT PARK RIVER SEC 7-50 B LOT 35 BLK 11
Tax Annual Amount 9328
Legal Description CROISSANT PARK RIVER SEC 7-50 B LOT 35 BLK 11

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Central
Cooling system Ductless, Ceiling Fan(s), Window Unit(s), Heat Pump, Wall/Window Unit(s), Central Air
Water source Public

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Flooring type Wood, Tile, Tile - Ceramic, Laminate
Building materials Block, Stucco
Roof type Composition
Listing Agency: EXP Realty LLC
Listed By: Edward Gurovich · License #3367861
Added: Jun 2 Changed: Aug 10 Last Checked: Aug 10 at 6:06PM
MLS# B26035777

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 corner-lot duplex is fully furnished and offers contemporary updates, private entrances, and outdoor living with a lush backyard. The home includes a total unit mix of a 2BR/2BA configuration and a 1BR/1BA configuration, along with patios, porches, and a deck. Construction is block with stucco, and the property is served by public water and public sewer. Heating is provided by central and a heat pump system, with cooling options including central air, heat pump, ductless systems, and wall/window units.

The property sits on a 0.16-acre lot and is zoned RD-15. With a 1958 build date and a composition roof, it’s currently positioned as an income-producing duplex while also presenting development flexibility described as allowing up to 2x 3,000 sqft dwellings.

The exterior includes garden and lighting features, fenced outdoor space, and flooring throughout that includes wood, tile, laminate, and ceramic tile.

Key Highlights

  • 0.16‑acre corner‑lot duplex in Fort Lauderdale, FL
  • Fully furnished with private entrances
  • Unit mix: 2BR/2BA plus 1BR/1BA

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$440,080 $440.1K
Cap Rate 7%
$314,343 $314.3K
Cap Rate 9%
$244,489 $244.5K
Market Conditions
NOI Build-Up for 1,320 SF 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.
Gross rent
$33.3K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$31.4K $23.81/SF
− OpEx
−$9.4K −$7.14/SF
NOI
$22.0K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$440,080
Cap Rate 7%
$314,343
Cap Rate 9%
$244,489

Alternative Uses

Best Use
Multifamily LT 5
$314.3K
$275.1K – $366.7K (±1% cap)
NOI $22,004 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$283.2K
$247.8K – $330.4K (±1% cap)
NOI $19,822 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$887.0K
$776.2K – $1.03M (±1% cap)
NOI $62,093 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Nail Salon Pet Grooming Service Butcher Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully furnished duplex with private entrances, a 2BR/2BA and 1BR/1BA unit mix, and RD-15 zoning.
Where is this duplex located?
The property is located at 801 SW 10th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: 0.16‑acre corner‑lot duplex in Fort Lauderdale, FL; Fully furnished with private entrances; Unit mix: 2BR/2BA plus 1BR/1BA
More about this property
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