Remodeled Duplex with
1135 NW 6th Avenue Fort Lauderdale, FL 33311
For Sale
Contact for pricing
Remodeled duplex with new roof, piping, perimeter fencing, 4 parking spaces, a shared laundry room, and a large backyard.
Property Size1,440 SF
Price / SF$346.53
Days on Market64
Property Features for 1135 NW 6th Avenue
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing Agency:
CENTURY 21 Tenace Realty
Listed By:
Mariana Gozon · License #0686614
Source:
Crexi
Added: May 21
Changed: Jul 20
Last Checked: Jul 21 at 1:47PM
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 CENTURY 21 Tenace Realty
Investment Insights
Based on property information with market context.
This remodeled duplex offers updated improvements including a new roof and new piping, along with a new perimeter fence around the property. The layout includes four parking spaces and a shared laundry room for both units, plus a large backyard.
Located in the City of Fort Lauderdale, the property provides an established residential income setup with outdoor space for tenants.
The configuration supports two-unit occupancy within a single improved site, with on-site parking and shared laundry as key day-to-day conveniences.
Located in the City of Fort Lauderdale, the property provides an established residential income setup with outdoor space for tenants.
The configuration supports two-unit occupancy within a single improved site, with on-site parking and shared laundry as key day-to-day conveniences.
Key Highlights
- Remodeled duplex built in 1958 in Fort Lauderdale
- New roof and new piping
- New perimeter fence around the property
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 | $36.3k | $25.20 |
| − Vacancy | −$2.0k | −$1.39 |
| EGI | $34.3k | $23.81 |
| − OpEx | −$10.3k | −$7.14 |
| NOI | $24.0k | $16.67 |
1,440 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$342.9K
$300.1K – $400.1K
NOI $24,005 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$308.9K
$270.3K – $360.4K
NOI $21,624 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$967.7K
$846.7K – $1.13M
NOI $67,738 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Remodeled duplex with new roof, piping, perimeter fencing, 4 parking spaces, a shared laundry room, and a large backyard.
Where is this duplex located?
The property is located at 1135 NW 6th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Remodeled duplex built in 1958 in Fort Lauderdale; New roof and new piping; New perimeter fence around the property
