Duplex with Two Four-Bed
1112 Northeast 5th Avenue Fort Lauderdale, FL 33304
1112 Northeast 5th Avenue, Fort Lauderdale, FL, 33304
$750,000
For Sale
$750,000
Versatile duplex with two four-bedroom, two-bath units, currently operating as a hostel with short-term rental income.
Property Size2,550 SF
Price / SF$294.12
Days on Market222
Property Features for 1112 Northeast 5th Avenue
General Information
- Standard status
- Active
- Size
- 2,550 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1986
Listing agency
Capital Commercial R.E. Group
(954) 455-3366
Listed by
Mario Francisco Frech · License #3356151
(954) 455-3366
Source
Compass
Added: Dec 13, 2025 Updated: Jul 22 at 7:34PM Checked: Jul 22 at 7:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capital Commercial R.E. Group
Investment Insights
Based on property information with market context.
This versatile duplex includes two spacious units, each offering four bedrooms and two bathrooms. The property is currently operating as a hostel and generating short-term rental income, offering a turnkey setup for an owner looking for immediate operations.
The duplex is located just minutes from key Fort Lauderdale destinations, including Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House.
For an alternative use, each unit can be leased as apartments, with the listing projecting a 6.85% annual yield. Either way, the property is positioned as flexible residential income real estate.
The duplex is located just minutes from key Fort Lauderdale destinations, including Las Olas Boulevard, Fort Lauderdale-Hollywood International Airport, The Galleria, Port Everglades, and the historic Bonnet House.
For an alternative use, each unit can be leased as apartments, with the listing projecting a 6.85% annual yield. Either way, the property is positioned as flexible residential income real estate.
Key Highlights
- Duplex built in 1986 with two units
- Each unit offers 4 bedrooms and 2 bathrooms
- Currently operating as a hostel with consistent short‑term rental income
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 | $64.3k | $25.20 |
| − Vacancy | −$3.5k | −$1.39 |
| EGI | $60.7k | $23.81 |
| − OpEx | −$18.2k | −$7.14 |
| NOI | $42.5k | $16.67 |
2,550 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$607.3K
$531.4K – $708.5K
NOI $42,508 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$547.0K
$478.7K – $638.2K
NOI $38,292 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,952 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
crocodhouse
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Versatile duplex with two four-bedroom, two-bath units, currently operating as a hostel with short-term rental income.
Where is this duplex located?
The property is located at 1112 Northeast 5th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex built in 1986 with two units; Each unit offers 4 bedrooms and 2 bathrooms; Currently operating as a hostel with consistent short‑term rental income
