Fort Lauderdale, FL 33316, Fort Lauderdale, FL 33316
MULTI_FAMILY - Fort Lauderdale, FL
- Added:
- Oct 30, 2025
- Days on Market:
- 229
- Last Refresh:
- Jun 15 at 6:06 am
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMM-25
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2
- Standard status
- Active Under Contract
- Size
- 1,645 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Description
- EVERGLADE LAND SALES CO FIRST ADD LAUDERDALE CORR PL 2-15 D 4 E 90,5 E 90 BLK 18
- Tax Annual Amount
- 11833
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Concrete, Wood
- Building materials
- Block, Concrete, Frame
- Roof type
- Composition
Listing agent Shane Aronson License #3588928 (561) 400-2020
Listing office Serhant 648 George Bush Blvd., New York, FL (561) 203-2762
Listing date Oct 30, 2025
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.
HighLights
- Prime corner lot location in the highly sought‑after Harbordale neighborhood.
- RMM‑25 zoning allows for up to 9 units as‑of‑right, offering significant redevelopment potential.
- Dual street frontage and corner position provide design flexibility.
- Existing tenant‑occupied structures generate immediate rental income.
- Excellent location with walkability to Harbor Shops, restaurants, and Harbordale Park.
- 9,505 sq ft parcel offers a rare opportunity for developers.
Overview
Local 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 | $41.5k | $25.20 |
| − Vacancy | −$2.3k | −$1.39 |
| EGI | $39.2k | $23.81 |
| − OpEx | −$11.8k | −$7.14 |
| NOI | $27.4k | $16.67 |
Alternative Uses
Current Use by Public Records
Map
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.132
- Latitude
- 26.0999
