Renovated
For Sale
$605,000
1126 NW 4th Avenue 1-2, Fort Lauderdale, FL 33311
Two refreshed units offer new kitchens and bathrooms, impact-rated openings, central air conditioning, and on-site laundry.
Property Size1,350 SF
Price / SF$448.15
Days on Market150
Property Features for 1126 NW 4th Avenue 1-2
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Duplex
Site & Location
Neighborhood
Smlr
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,239
Amenities
impact windows and doors
central A/C
washer & dryer on site
Building Details
Building Size
1,350 SF
Year Built
1988
Buildings
1
Listing Agency:
Keller Williams Realty - Wellington
Listed By:
Teresita Marie Strout · License #3418067
(561) 856-6441
Source:
Dietzelber
Added: Jun 2
Changed: Oct 27
Last Checked: Oct 27 at 3:59AM
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 Keller Williams Realty - Wellington
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,350-square-foot duplex was built in 1988 and has been renovated. Each unit has a new kitchen and bathroom, impact windows and doors, and central air conditioning. Washer and dryer facilities are on site.
The two-unit configuration supports separate residential occupancy, with updates extending across both units.
The two-unit configuration supports separate residential occupancy, with updates extending across both units.
Key Highlights
- Two‑unit residential property
- 1,350 square feet; built in 1988
- New kitchens and bathrooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,504
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,080
$450.1K
Cap Rate 7%
$321,486
$321.5K
Cap Rate 9%
$250,044
$250.0K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$34.0K $25.20/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$32.1K $23.81/SF
− OpEx
−$9.6K −$7.14/SF
NOI
$22.5K $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%
$450,080
Cap Rate 7%
$321,486
Cap Rate 9%
$250,044
Alternative Uses
Best Use
Multifamily LT 5
$321.5K
$281.3K – $375.1K
NOI $22,504 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$289.6K
$253.4K – $337.9K
NOI $20,272 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$907.2K
$793.8K – $1.06M
NOI $63,504 @ 7.0% cap · market cap 10.50%
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
Location Intelligence
Trade Area within ½ mile
2,250
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed units offer new kitchens and bathrooms, impact-rated openings, central air conditioning, and on-site laundry.
Where is this duplex located?
The property is located at 1126 NW 4th Avenue 1-2 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Two‑unit residential property; 1,350 square feet; built in 1988; New kitchens and bathrooms in both units
