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Duplex with Private Pool
For Sale
$849,900

1145 NE 17th Way, Fort Lauderdale, FL 33304

Residential Income, Fort Lauderdale, FL

Property Size1,593 SF
Lot Size0.15 Acres
Price / SF$533.52
Days on Market148

Property Features for 1145 NE 17th Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RC-15
Bedrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1
Spa 1
Pets allowed Yes, No
Pool private 1
Exterior features Awning(s), Barbecue, Garden, Outdoor Shower
Fencing Fenced
Subdivision PROGRESSO
Elementary school Bennett
Middle school Sunrise
High school Fort Lauderdale
Standard status Active
APN 494234044200
Size 1,593 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PROGRESSO 2-18 D LOT 1 BLK 160
Tax Annual Amount 15315
Legal Description PROGRESSO 2-18 D LOT 1 BLK 160

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

pool

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Flooring type Wood, Tile - Ceramic, Tile
Building materials CBS, Stucco
Roof type Rolled Hot Mop, Flat
Additional Structures Gazebo
Listing Agency: LoKation
Listed By: Christopher B Galdieri · License #3402177
Added: May 13 Changed: Oct 6 Last Checked: Oct 7 at 4:06AM
MLS# B26028121

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal duplex in Fort Lauderdale pairs a 2-bedroom, 2-bathroom main residence with a legal 1-bedroom, 1-bathroom guest suite and full kitchen. The property contains 1,593 square feet on a 0.15-acre corner lot. A private pool, one-car garage, impact-rated windows and doors, and freshly painted exterior are among its features. The property is currently used as a short-term rental.

Located in the Lake Ridge area, the property is zoned RC-15. Additional exterior features include a garden, barbecue, awning, outdoor shower, and fenced yard.

Key Highlights

  • Legal duplex with a 2‑bedroom, 2‑bathroom main residence and separate legal 1‑bedroom, 1‑bathroom guest suite
  • Guest suite includes a full kitchen
  • 1,593 square feet on a 0.15‑acre 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 (±1% cap)
NOI $26,555 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$341.7K
$299.0K – $398.7K (±1% cap)
NOI $23,921 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$1.07M
$936.7K – $1.25M (±1% cap)
NOI $74,935 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Food Market Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,444
Businesses Nearby

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
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A separate guest suite with its own full kitchen provides a distinct second living space.
Where is this duplex located?
The property is located at 1145 NE 17th Way 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 2‑bedroom, 2‑bathroom main residence and separate legal 1‑bedroom, 1‑bathroom guest suite; Guest suite includes a full kitchen; 1,593 square feet on a 0.15‑acre corner lot
More about this property
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