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Five-Unit Apartment Building
For Sale
$1,358,760

1410 SW 44th Ave # 5 Unit 1-5, Fort Lauderdale, FL 33317

Multifamily property with a varied apartment mix and access to retail, employment centers, major roads, and public transportation.

Property Size4,381 SF
Days on Market330

Property Features for 1410 SW 44th Ave # 5 Unit 1-5

General Information

Standard status Active
Size 4,381 SF
Property subtype Income/MultiFamily

Units

Unit Mix 3 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units 5

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $15,791

Building Details

Building Size 4,381 SF
Year Built 1997
Listing Agency: Keter Estates LLC
Listed By: Erica Mizrahi · License #3239938
Source: Relinkre
Added: Dec 11, 2025 Changed: Nov 5 Last Checked: Nov 4 at 9:45PM

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 Keter Estates LLC

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This five-unit apartment building, completed in 1997, includes three 3-bedroom/2-bath apartments and two 1-bedroom/1-bath apartments. The property offers a mix of larger and smaller residences within a multifamily configuration suited to rental housing operations.

Located just west of 441 in Fort Lauderdale, the property provides access to major roadways, retail destinations, employment hubs, and public transportation. Its central Broward County setting places everyday services and transportation options within the surrounding area.

Key Highlights

  • Five‑unit multifamily property built in 1997
  • Unit mix includes three 3‑bedroom/2‑bath apartments
  • Two 1‑bedroom/1‑bath apartments included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$65,786
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,315,720 $1.3M
Cap Rate 7%
$939,800 $939.8K
Cap Rate 9%
$730,956 $731.0K
Market Conditions
NOI Build-Up for 4,381 SF
Gross rent
$126.2K $28.80/SF
− Vacancy
−$6.6K −$1.50/SF
EGI
$119.6K $27.30/SF
− OpEx
−$53.8K −$12.29/SF
NOI
$65.8K $15.02/SF
Area
Fort Lauderdale, FL
Vacancy
5.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,315,720
Cap Rate 7%
$939,800
Cap Rate 9%
$730,956

Alternative Uses

Best Use
Apartment 5plus
$939.8K
$822.3K – $1.10M (±1% cap)
NOI $65,786 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.58M – $3.43M (±1% cap)
NOI $206,082 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby

Demographics for 33317, FL

37,590
Population
13,625
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
3,916
Density / Sq Mi
$84,239
Median Household Income
$43,317
Median Earnings
$1,986
Median Rent
$449,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with a varied apartment mix and access to retail, employment centers, major roads, and public transportation.
Where is this apartment building located?
The property is located at 1410 SW 44th Ave # 5 Unit 1-5 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,358,760.
What are key features of this property?
This property features: Five‑unit multifamily property built in 1997; Unit mix includes three 3‑bedroom/2‑bath apartments; Two 1‑bedroom/1‑bath apartments included
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