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    701 NW 21St Ter Fort Lauderdale, FL 33311

    For Sale
    $649,000

    Updated triplex with outdoor space, convenient location, and rental potential.

    Building Details

    Year built
    1958

    Source: Lifestyle International Realty Agent Rebecca Levovitz

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

    Overview

    Updated Triplex in Fort Lauderdale

    This updated triplex represents a prime investment opportunity in Fort Lauderdale. The property features three spacious units, each equipped with a private outdoor area. Its central location provides convenient access to major highways, downtown, Las Olas, beaches, and shopping. The property offers excellent rental potential within a high-demand area, presenting opportunities for appreciation and steady income.
    Location Intelligence

    Current Use by Public Records

    Apartment Apartment Building

    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
    -80.1711484
    Latitude
    26.1314907

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    FAQs

    What type of property is this?
    Triplex - Updated triplex with outdoor space, convenient location, and rental potential.
    Where is this triplex located?
    The property is located at 701 NW 21St Ter Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Triplex with three spacious units, offering immediate rental income potential.; - Each unit features a private outdoor area, enhancing tenant appeal.; - Prime location in Fort Lauderdale, a high-demand rental market.
    (516) 458-5091
    Request Owner's contact information
    701 NW 21St Ter Fort Lauderdale, FL 33311
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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
    701 NW 21St Ter Fort Lauderdale, FL 33311
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