Duplex with Guest
For Sale
$675,000
1201 N Andrews Avenue Fort, Fort Lauderdale, FL 33311
Two separate residences on one fenced lot offer flexible living or rental configuration near shopping, dining, and beaches.
Property Size2,653 SF
Days on Market235
Property Features for 1201 N Andrews Avenue Fort
General Information
Standard status
Active
Size
2,653 SF
Property subtype
Duplex
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Amenities
Electric
Separate Meters
Cable Available, Composition, Shingle
Building Details
Building Size
2,653 SF
Year Built
1935
Stories
1
Listing Agency:
Keller Williams Realty Consultants
Listed By:
Daniel Contreras · License #SL3590007
(954) 263-4204
Source:
Kw
Added: Feb 14
Changed: Oct 6
Last Checked: Oct 5 at 3:04PM
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 Consultants
Investment Insights
Based on property information with market context.
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.
Key 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,225
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,500
$884.5K
Cap Rate 7%
$631,786
$631.8K
Cap Rate 9%
$491,389
$491.4K
Market Conditions
NOI Build-Up for 2,653 SF
Gross rent
$66.9K $25.20/SF
− Vacancy
−$3.7K −$1.39/SF
EGI
$63.2K $23.81/SF
− OpEx
−$19.0K −$7.14/SF
NOI
$44.2K $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%
$884,500
Cap Rate 7%
$631,786
Cap Rate 9%
$491,389
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 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
