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Two-Unit Residential Income Property

1275 NW 27th Avenue # 2 #1-2 Fort Lauderdale, FL 33311

1275 NW 27th Avenue # 2 #1-2, Fort Lauderdale, FL, 33311
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For Sale
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For sale multifamily duplex featuring two units, offering a straightforward two-rental income setup.

Property Size1,137 SF
Price / SF$366.75
AddedMar 26
Days on Market112
Last RefreshJun 20 at 4:03 am

Property Features for 1275 NW 27th Avenue # 2 #1-2

General Information

Standard status
Active
Size
1,137 SF
Property subtype
Multifamily

Building Details

Year Built
1954

Listing office Galt Ocean Realty Inc

Listing date Mar 26, 2026

Source Crexi

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 Galt Ocean Realty Inc


Investment Insights

Based on property information with market context.

This listing is a two-unit residential income property, offered for sale as a duplex/multifamily arrangement with two separate units. The property totals 1,137 square feet, providing a compact footprint designed for a straightforward rental configuration.

Located at 1275 NW 27th Avenue # 2 #1-2 in Fort Lauderdale, Florida 33311, the building is positioned as a small-scale income asset within a residential market. The offering is specifically marketed as “Multifamily | 2 Units,” aligning with tenants and owners looking for a manageable number of units under one roof.

As a duplex-style investment, this property may appeal to buyers seeking a two-unit setup rather than a larger multifamily building. It can also be considered by owner-occupants who want the option to live in one unit while renting the other, provided their financing and leasing plans align with the property’s configuration. If you’re looking for a clear, two-unit residential income opportunity in Fort Lauderdale, this offering provides that exact structure.

Key Highlights

  • Duplex multifamily property with 2 units
  • Year built: 1954

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 $28.7k $25.20
− Vacancy −$1.6k −$1.39
EGI $27.1k $23.81
− OpEx −$8.1k −$7.14
NOI $19.0k $16.67
1,137 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$270.8K
$236.9K – $315.9K (±1% cap)
NOI $18,954 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$243.9K
$213.4K – $284.6K (±1% cap)
NOI $17,074 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$764.1K
$668.6K – $891.4K (±1% cap)
NOI $53,484 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Tanning Salon Adult Day Care Restaurant (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - For sale multifamily duplex featuring two units, offering a straightforward two-rental income setup.
Where is this duplex located?
The property is located at 1275 NW 27th Avenue # 2 #1-2 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $417,000.
What are key features of this property?
This property features: Duplex multifamily property with 2 units; Year built: 1954
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