Tenant-Occupied
1004 SW 24th Ave, Fort Lauderdale, FL 33312
For Sale
$600,000
Residential Income, Fort Lauderdale, FL
Property Size1,620 SF
Price / SF$370.37
Days on Market103
Property Features for 1004 SW 24th Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Window features
Patio and Porch features
Exterior features
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Amenities
laundry room
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Canvas Real Estate
(954) 282-6350
Listed By:
Gissella Mariategui · License FL #3374523
(754) 422-1831
Added: Aug 5
Changed: Nov 10
Last Checked: Nov 15 at 3:06PM
MLS# A12064989
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.
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Investment Insights
Based on property information with market context.
This 1,620-square-foot duplex contains two 2-bedroom, 1-bath units, each with a dedicated laundry room. Both residences are tenant occupied. The property includes patios, block construction, laminate flooring, electric heating, wall/window and window unit cooling, public sewer, and cable availability. A tar/gravel roof was replaced in 2025.
Located in Fort Lauderdale near I-95 and Davie Blvd, the property is also close to shopping, dining, and other local amenities. The existing two-unit configuration, individual laundry rooms, and current occupancy provide a straightforward residential income property layout.
Located in Fort Lauderdale near I-95 and Davie Blvd, the property is also close to shopping, dining, and other local amenities. The existing two-unit configuration, individual laundry rooms, and current occupancy provide a straightforward residential income property layout.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,620 square feet of total property size
- Both units are tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,005
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,100
$540.1K
Cap Rate 7%
$385,786
$385.8K
Cap Rate 9%
$300,056
$300.1K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$40.8K $25.20/SF
− Vacancy
−$2.2K −$1.39/SF
EGI
$38.6K $23.81/SF
− OpEx
−$11.6K −$7.14/SF
NOI
$27.0K $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 Rate 5%
$540,100
Cap Rate 7%
$385,786
Cap Rate 9%
$300,056
Alternative Uses
Best Use
Multifamily LT 5
$385.8K
$337.6K – $450.1K
NOI $27,005 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$347.5K
$304.1K – $405.4K
NOI $24,326 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.09M
$952.6K – $1.27M
NOI $76,205 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Explore this area
Business Placement
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Fort Lauderdale, FL
Properties on Market for Duplexes in Fort Lauderdale
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate laundry rooms, patios, and existing occupancy in Fort Lauderdale.
Where is this duplex located?
The property is located at 1004 SW 24th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,620 square feet of total property size; Both units are tenant occupied
