Fort Lauderdale Duplex For
1201 N Andrews Avenue Fort Lauderdale, FL 33311
For Sale
$675,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,653 SF
Price / SF$254.43
Days on Market167
Property Features for 1201 N Andrews Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-15
Bedrooms
3
Rooms
Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Fencing
Fenced
Standard status
Active
APN
494234033620
Size
2,653 SF
Taxes and HOA fees
Tax Year
2023
Tax Description
PROGRESSO 2-18 D LOTS 22 LESS N 15.40,23,24,LESS E 15 FOR ST R/W BLK 120
Tax Annual Amount
9967
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1935
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
CBS, Frame
Roof type
Composition, Shingle
Listing Agency:
Keller Williams Realty Profess
(954) 630-7020
Listed By:
Rebecca K Kennedy · License #3168352
(954) 270-9064
Added: Feb 13
Changed: Jul 24
Last Checked: Jul 30 at 9:06AM
MLS# F10552071
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 Fort Lauderdale duplex presents an opportunity to own a property featuring two homes on one lot. The property is located in South Middle River, near shopping, dining, downtown, beaches, and parks. The property is zoned RD-15. The main house includes 2 bedrooms and 2 bathrooms, a modern updated kitchen, renovated bathrooms, and living space. The guest cottage has 1 bedroom, 1 bathroom, a refreshed kitchen, and a living area. Both homes feature newer roofs and impact windows. The property includes a large, fully fenced yard. The property size is 2653 square feet. This property can be owner occupied or rented out for income.
Key Highlights
- South Middle River duplex on one spacious lot with a fully fenced yard
- Main house: 2 bedrooms, 2 bathrooms with a newly updated modern kitchen and renovated bathrooms
- Guest cottage: 1 bedroom, 1 bathroom with a refreshed kitchen and cozy living area
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in prime Fort Lauderdale location near amenities.
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: South Middle River duplex on one spacious lot with a fully fenced yard; Main house: 2 bedrooms, 2 bathrooms with a newly updated modern kitchen and renovated bathrooms; Guest cottage: 1 bedroom, 1 bathroom with a refreshed kitchen and cozy living area
