New Construction Duplex Near
For Sale
$1,040,000
1212 Northwest 6th Court, Fort Lauderdale, FL 33311
New construction duplex near downtown Fort Lauderdale with pool.
Property Size3,232 SF
Price / SF$321.78
Days on Market576
Property Features for 1212 Northwest 6th Court
General Information
Standard status
Active
Size
3,232 SF
Property subtype
Multi-Family Income / Duplex
Taxes and HOA fees
Annual Taxes
$15,901
Building Details
Year Built
2023
Listing Agency:
Lokation
Listed By:
Tingjun Lei · License #3582986
(954) 545-5583
Source:
Compass
Added: Mar 18, 2025
Changed: Oct 9
Last Checked: Oct 12 at 9:50PM
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 Lokation
Investment Insights
Based on property information with market context.
This new construction duplex is located minutes from Downtown Fort Lauderdale and the beach. It features modern, open-concept living spaces with high-end finishes and spacious layouts. The property includes a private backyard with a pool. The duplex offers flexibility for owner-occupants or investors, with the option to live in one unit and rent the other, or lease both units for rental income. Each unit is fully furnished and suitable for use as a short term rental. The property is positioned to generate rental income, with each unit potentially renting for $4,500 to $5,000 per month, or over $12,000 per month as a short term rental. The property size is 3,232 square feet.
Key Highlights
- New construction duplex (built in 2023) located minutes from Downtown Fort Lauderdale and the beach.
- Potential for high rental income: $4,500-$5,000 per unit per month or over $12,000 per month via Airbnb.
- Option for owner‑occupancy with rental income from the second unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,877
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,540
$1.1M
Cap Rate 7%
$769,671
$769.7K
Cap Rate 9%
$598,633
$598.6K
Market Conditions
NOI Build-Up for 3,232 SF
Gross rent
$81.4K $25.20/SF
− Vacancy
−$4.5K −$1.39/SF
EGI
$77.0K $23.81/SF
− OpEx
−$23.1K −$7.14/SF
NOI
$53.9K $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%
$1,077,540
Cap Rate 7%
$769,671
Cap Rate 9%
$598,633
Alternative Uses
Best Use
Multifamily LT 5
$769.7K
$673.5K – $898.0K
NOI $53,877 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$693.3K
$606.7K – $808.9K
NOI $48,533 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $152,033 @ 7.0% cap · market cap 14.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,653
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex near downtown Fort Lauderdale with pool.
Where is this duplex located?
The property is located at 1212 Northwest 6th Court Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: New construction duplex (built in 2023) located minutes from Downtown Fort Lauderdale and the beach.; Potential for high rental income: $4,500-$5,000 per unit per month or over $12,000 per month via Airbnb.; Option for owner‑occupancy with rental income from the second unit.
