Turnkey Duplex Near
1713 Southwest 11th Court, Fort Lauderdale, FL 33312
Duplex near downtown Fort Lauderdale, ideal for rental income.
Type:Multi-Family Income / Duplex
Property size:
1,941 SFPrice / SF:
$332/SF- Added:
- Feb 24, 2025
- Days on Market:
- 461
- Last Refresh:
- Mar 13 at 1:15 pm
Property Features for 1713 Southwest 11th Court
General Information
- Standard status
- Active
- Size
- 1,941 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1963
Listing agent Christopher J Lazaro License #3388297 (305) 985-6285
Listing office Miami Beach Brokers (305) 985-6285
Listing date Feb 24, 2025
Source Compass
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HighLights
- Turnkey duplex in a highly desirable location between Riverside Park and Shady Banks.
- Two well‑maintained 3‑bedroom, 1‑bathroom units.
- Excellent location: Minutes from Downtown Fort Lauderdale, Las Olas, and the beach.
- Strong income potential: Ideal for long‑term rental or short‑term licensing (Airbnb).
- Located in one of the area’s fastest‑growing corridors.
- Convenient access to schools, commuter routes (I‑95).
Overview
This duplex property is located between the Riverside Park and Shady Banks neighborhoods. It features two units, each with 3 bedrooms and 1 bathroom. The property is situated in a lush environment and offers access to Downtown Fort Lauderdale, Las Olas, and the beach. Commuter access is available via I-95, and schools are located nearby. The property is positioned in a fast-growing corridor, making it suitable for long-term rental or short-term licensing. The property size is 1941 square feet.
Local 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 | $48.9k | $25.20 |
| − Vacancy | −$2.7k | −$1.39 |
| EGI | $46.2k | $23.81 |
| − OpEx | −$13.9k | −$7.14 |
| NOI | $32.4k | $16.67 |
1,941 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$462.2K
$404.5K – $539.3K
NOI $32,356 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$416.4K
$364.3K – $485.8K
NOI $29,147 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,305 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1643482
- Latitude
- 26.1080732
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex near downtown Fort Lauderdale, ideal for rental income.
Where is this duplex located?
The property is located at 1713 Southwest 11th Court Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Turnkey duplex in a highly desirable location between Riverside Park and Shady Banks.; Two well‑maintained 3‑bedroom, 1‑bathroom units.; Excellent location: Minutes from Downtown Fort Lauderdale, Las Olas, and the beach.
