Well-Maintained Duplex For
1440-1442 Northwest 5th Avenue Fort Lauderdale, FL 33311
1440-1442 Northwest 5th Avenue, Fort Lauderdale, FL, 33311
$475,000
For Sale
$475,000
Duplex with two 2-bedroom, 1-bath units, updated kitchens, tile flooring, separate utility meters, and ample parking.
Property Size1,430 SF
Lot Size0.23 Acres
Price / SF$332.17
Days on Market74
Property Features for 1440-1442 Northwest 5th Avenue
General Information
- Standard status
- Active
- Size
- 1,430 SF
- Lot size
- 0.23 Acres
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1956
Listing agency
Influencers Realty Group
(305) 926-6706
Listed by
Phillip Calloway · License #3361610
(305) 926-6706
Source
Compass
Added: May 11 Updated: Jul 22 at 8:35AM Checked: Jul 22 at 8:35AM
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 Influencers Realty Group
Investment Insights
Based on property information with market context.
This well-maintained duplex contains two spacious units, each offering 2 bedrooms and 1 bath. Both units feature tile flooring and updated kitchens, and are described as providing plenty of natural light. The property also includes separate utility meters, which supports independent utility billing for each unit.
The duplex sits on a 10,130 SF lot with a large backyard and ample parking. It is positioned for convenience to downtown Fort Lauderdale, Las Olas, and major highways.
Available for sale as a versatile residential income property, the layout supports straightforward occupancy as two separate residences within the duplex configuration.
The duplex sits on a 10,130 SF lot with a large backyard and ample parking. It is positioned for convenience to downtown Fort Lauderdale, Las Olas, and major highways.
Available for sale as a versatile residential income property, the layout supports straightforward occupancy as two separate residences within the duplex configuration.
Key Highlights
- 1956‑built duplex with two units, each featuring 2 bedrooms and 1 bathroom
- Updated kitchens and tile flooring throughout both units
- Separate utility meters for each unit
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 | $36.0k | $25.20 |
| − Vacancy | −$2.0k | −$1.39 |
| EGI | $34.1k | $23.81 |
| − OpEx | −$10.2k | −$7.14 |
| NOI | $23.8k | $16.67 |
1,430 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.5K
$298.0K – $397.3K
NOI $23,838 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$306.8K
$268.4K – $357.9K
NOI $21,473 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$961.0K
$840.8K – $1.12M
NOI $67,267 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, updated kitchens, tile flooring, separate utility meters, and ample parking.
Where is this duplex located?
The property is located at 1440-1442 Northwest 5th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1956‑built duplex with two units, each featuring 2 bedrooms and 1 bathroom; Updated kitchens and tile flooring throughout both units; Separate utility meters for each unit
