Duplex with Pool and Guest
For Sale
$849,900
Pending
1145 NE 17th Way # 2 Unit 1-2, Fort Lauderdale, FL 33304
Legal two-unit property with separate kitchens, a pool, one-car garage, and impact windows and doors.
Property Size1,593 SF
Days on Market164
Property Features for 1145 NE 17th Way # 2 Unit 1-2
General Information
Standard status
Pending
Size
1,593 SF
Total Parking Spaces
1
Property subtype
Duplex
Site & Location
Neighborhood
Lfmn
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$15,314
Amenities
pool
impact windows and doors
Building Details
Building Size
1,593 SF
Year Built
1960
Listing Agency:
LoKation
Listed By:
Christopher B Galdieri · License #3402177
(954) 900-6062
Source:
Relinkre
Added: May 13
Changed: Oct 13
Last Checked: Oct 23 at 1:33PM
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 LoKation
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Investment Insights
Based on property information with market context.
Built in 1960, this legal duplex includes a two-bedroom, two-bathroom main residence and a separate legal one-bedroom, one-bathroom guest suite with its own full kitchen. The property also features a pool, one-car garage, impact windows and doors throughout, an oversized corner lot, and a recently painted exterior. It is currently operating as a short-term rental.
The property is located in Fort Lauderdale’s Lake Ridge area, with the beach and the Galleria redevelopment nearby. Its two-unit configuration supports separate living arrangements while retaining the flexibility of a larger residential setup.
The property is located in Fort Lauderdale’s Lake Ridge area, with the beach and the Galleria redevelopment nearby. Its two-unit configuration supports separate living arrangements while retaining the flexibility of a larger residential setup.
Key Highlights
- Legal duplex with a 2BR/2BA main residence and separate 1BR/1BA guest suite
- Guest suite includes a full kitchen
- Pool, one‑car garage, and oversized corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,555
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,100
$531.1K
Cap Rate 7%
$379,357
$379.4K
Cap Rate 9%
$295,056
$295.1K
Market Conditions
NOI Build-Up for 1,593 SF
Gross rent
$40.1K $25.20/SF
− Vacancy
−$2.2K −$1.39/SF
EGI
$37.9K $23.81/SF
− OpEx
−$11.4K −$7.14/SF
NOI
$26.6K $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%
$531,100
Cap Rate 7%
$379,357
Cap Rate 9%
$295,056
Alternative Uses
Best Use
Multifamily LT 5
$379.4K
$331.9K – $442.6K
NOI $26,555 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$341.7K
$299.0K – $398.7K
NOI $23,921 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$1.07M
$936.7K – $1.25M
NOI $74,935 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Legal two-unit property with separate kitchens, a pool, one-car garage, and impact windows and doors.
Where is this duplex located?
The property is located at 1145 NE 17th Way # 2 Unit 1-2 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Legal duplex with a 2BR/2BA main residence and separate 1BR/1BA guest suite; Guest suite includes a full kitchen; Pool, one‑car garage, and oversized corner lot
