Brand-New Side-by-Side
1319-1321 NE 13 AVE, Fort Lauderdale, FL 33304
For Sale
Contact for pricing
New construction duplex with one unit leased, offering an owner-occupant a built-in offset and separate living arrangements.
Property Size6,822 SF
Price / SF$395.05
Days on Market158
Property Features for 1319-1321 NE 13 AVE
General Information
Standard status
Size
Property subtype
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Units
Tenancy
Listing Agency:
Coast REI LLC
Listed By:
Shane Zvulun · License FL #3514673
(818) 451-6720
Source:
Crexi
Added: Jun 5
Changed: Oct 25
Last Checked: Nov 8 at 7:00AM
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 Coast REI LLC
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Investment Insights
Based on property information with market context.
This brand-new, side-by-side duplex townhouse configuration offers two residences designed to function like standalone homes. Each side features an open-concept layout with a designer kitchen, expansive living spaces, and refined finishes throughout. The property is newly constructed, aiming to reduce near-term maintenance needs and support day-to-day ease for owner-occupants or tenants. The total property size is 6,822 square feet, and one of the residences is already leased.
Located in Fort Lauderdale’s Poinsettia Heights area, the property is described as minutes from Las Olas Blvd, downtown Fort Lauderdale, the beach, and the 13th Street Arts & Dining Corridor. This gives the duplex proximity to a mix of dining, entertainment, and major local destinations.
The current setup fits well for a house-hacker or owner-occupant approach, where one side can help offset housing costs while you live in the other. It also aligns with investors seeking a newer, low-maintenance duplex with an existing leased component. The seller indicates flexibility with financing, including seller financing and creative financing options such as a rate buydown.
Located in Fort Lauderdale’s Poinsettia Heights area, the property is described as minutes from Las Olas Blvd, downtown Fort Lauderdale, the beach, and the 13th Street Arts & Dining Corridor. This gives the duplex proximity to a mix of dining, entertainment, and major local destinations.
The current setup fits well for a house-hacker or owner-occupant approach, where one side can help offset housing costs while you live in the other. It also aligns with investors seeking a newer, low-maintenance duplex with an existing leased component. The seller indicates flexibility with financing, including seller financing and creative financing options such as a rate buydown.
Key Highlights
- Brand‑new side‑by‑side duplex townhouse built in 2026 with modern open‑concept layouts
- One unit is already leased, supporting owner‑occupant living with separate rental income
- Each townhouse includes designer kitchens and expansive living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,721
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,274,420
$2.3M
Cap Rate 7%
$1,624,586
$1.6M
Cap Rate 9%
$1,263,567
$1.3M
Market Conditions
NOI Build-Up for 6,822 SF
Gross rent
$171.9K $25.20/SF
− Vacancy
−$9.5K −$1.39/SF
EGI
$162.5K $23.81/SF
− OpEx
−$48.7K −$7.14/SF
NOI
$113.7K $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%
$2,274,420
Cap Rate 7%
$1,624,586
Cap Rate 9%
$1,263,567
Alternative Uses
Best Use
Multifamily LT 5
$1.62M
$1.42M – $1.90M
NOI $113,721 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$1.46M
$1.28M – $1.71M
NOI $102,441 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$4.58M
$4.01M – $5.35M
NOI $320,907 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,953
Businesses Nearby
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Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Lauderdale, FL
Properties on Market for Duplexes in Fort Lauderdale
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex with one unit leased, offering an owner-occupant a built-in offset and separate living arrangements.
Where is this duplex located?
The property is located at 1319-1321 NE 13 AVE Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Brand‑new side‑by‑side duplex townhouse built in 2026 with modern open‑concept layouts; One unit is already leased, supporting owner‑occupant living with separate rental income; Each townhouse includes designer kitchens and expansive living areas
