Duplex with Guest
1201 N Andrews Avenue, Fort Lauderdale, FL 33311
Two separate residences on one fenced lot offer flexible living or rental configuration near shopping, dining, and beaches.
Type:Multifamily
Property size:
2,653 SFPrice / SF:
$254/SF- Added:
- Feb 20, 2026
- Days on Market:
- 127
- Last Refresh:
- Jun 20 at 9:03 am
Property Features for 1201 N Andrews Avenue
General Information
- Standard status
- Active
- Size
- 2,653 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1935
Listing office Keller Williams Realty Profess
Listing date Feb 20, 2026
Source Crexi
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 Profess
HighLights
- 1935 duplex on one spacious, fully fenced lot in South Middle River, Fort Lauderdale
- Main house: 2 bed, 2 bath with newly updated modern kitchen and renovated bathrooms
- Guest cottage: 1 bed, 1 bath with refreshed kitchen and cozy living area
- Both homes feature newer roofs and impact windows
- Flexible setup for living in one unit and renting the other near shopping, dining, downtown, beaches, and parks
Overview
This South Middle River duplex includes two homes on one spacious lot with a large, fully fenced yard for added privacy. The main house features 2 bedrooms and 2 bathrooms, with a newly updated modern kitchen, renovated bathrooms, and ample living space. A separate guest cottage provides 1 bedroom and 1 bathroom, along with a refreshed kitchen and cozy living area. Both residences include newer roofs and impact windows.
The property is located in Fort Lauderdale near shopping, dining, downtown, beaches, and parks, placing everyday amenities and recreation within convenient reach.
Designed for practical multi-unit ownership, the layout supports owner-occupancy with rental income potential through the separate guest cottage. With updated interiors in both units and durable exterior improvements like newer roofs and impact windows, the duplex offers an appealing option for buyers seeking a self-contained residential income setup on one lot.
The property is located in Fort Lauderdale near shopping, dining, downtown, beaches, and parks, placing everyday amenities and recreation within convenient reach.
Designed for practical multi-unit ownership, the layout supports owner-occupancy with rental income potential through the separate guest cottage. With updated interiors in both units and durable exterior improvements like newer roofs and impact windows, the duplex offers an appealing option for buyers seeking a self-contained residential income setup on one lot.
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 | $66.9k | $25.20 |
| − Vacancy | −$3.7k | −$1.39 |
| EGI | $63.2k | $23.81 |
| − OpEx | −$19.0k | −$7.14 |
| NOI | $44.2k | $16.67 |
2,653 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$631.8K
$552.8K – $737.1K
NOI $44,225 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$569.1K
$498.0K – $664.0K
NOI $39,838 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,797 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
South Fl Premiere ...
Medical Clinic
First Horizon Bank
Bank
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1446543
- Latitude
- 26.1405211
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two separate residences on one fenced lot offer flexible living or rental configuration near shopping, dining, and beaches.
Where is this duplex located?
The property is located at 1201 N Andrews Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 1935 duplex on one spacious, fully fenced lot in South Middle River, Fort Lauderdale; Main house: 2 bed, 2 bath with newly updated modern kitchen and renovated bathrooms; Guest cottage: 1 bed, 1 bath with refreshed kitchen and cozy living area
