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    1480 NW 20Th Ct Fort Lauderdale, FL 33311

    For Sale
    $899,000

    Fully occupied fourplex with recent upgrades and income potential.

    Building Details

    Year built
    1973

    Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Lauderdale Fourplex Investment Opportunity

    This is a fully occupied fourplex located in Fort Lauderdale. The property comprises two 1-bed/1-bath units, one 1-bed/1-bath unit with a den, and one studio. The property generates $6,000 per month and has the potential to increase to market rents for higher returns. The property has been recently upgraded with a new roof, impact windows, central A/C units, and updated electrical panels. It is located 10 minutes from Downtown and Las Olas, with access to I-95, Sunrise Blvd, and major retail and dining corridors, offering income and long-term growth potential.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1618196
    Latitude
    26.1533704

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied fourplex with recent upgrades and income potential.
    Where is this quadplex located?
    The property is located at 1480 NW 20Th Ct Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Fully occupied fourplex generating $6,000 per month in rental income.; - New roof, impact windows, central A/C units, and updated electrical panels.; - Potential to increase rents for higher returns.
    (954) 743-7594
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1480 NW 20Th Ct Fort Lauderdale, FL 33311
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