Duplex with Central
For Sale
$565,000
1490 NW 20TH Street, Fort Lauderdale, FL 33311
Residential Income, Fort Lauderdale, FL
Property Size2,016 SF
Lot Size0.17 Acres
Price / SF$280.26
Days on Market11
Property Features for 1490 NW 20TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-15
Bedrooms
4
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 6, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 4
Pets allowed
No, Yes
Subdivision
FT LAUDERDALE ESTATES
Elementary school
Sunland Park Academy
Middle school
William E. Dandy
High school
Dillard 6-12
Directions
From I-95, take Exit 31 for Oakland Park Boulevard East. Continue east to NW 9th Avenue (Powerline Road) and turn right (south). Turn right onto NW 19th Street, then right onto NW 15th Avenue. Turn right onto NW 20th Street. Property is located at 1490
Standard status
Active
APN
494228180230
Size
2,016 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
FT LAUDERDALE ESTATES 76-9 B LOT 2 BLK 2
Tax Annual Amount
8894
Legal Description
FT LAUDERDALE ESTATES 76-9 B LOT 2 BLK 2
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
central air conditioning
Building Details
Year built
1974
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Building materials
CBS, Concrete Block - With Stucco, Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
Three Palms Realty
(561) 316-8711
Listed By:
Sandro Marcel Herrera · License #3285502
(561) 316-9691
Added: Oct 20
Changed: Oct 30
Last Checked: Oct 30 at 5:06PM
MLS# B26090634
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,016 square feet on a 0.17-acre lot. One unit is tenant-occupied. Central air conditioning serves the property, which was built in 1974 with concrete-block and stucco construction. Interior finishes include ceramic tile flooring, and the roof is shingle.
The property is zoned RM-15 and has public water, public sewer, and cable availability.
The property is zoned RM-15 and has public water, public sewer, and cable availability.
Key Highlights
- Two‑unit duplex with 2,016 square feet of building area
- One unit is currently tenant‑occupied
- 0.17‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,606
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,120
$672.1K
Cap Rate 7%
$480,086
$480.1K
Cap Rate 9%
$373,400
$373.4K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$50.8K $25.20/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$48.0K $23.81/SF
− OpEx
−$14.4K −$7.14/SF
NOI
$33.6K $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%
$672,120
Cap Rate 7%
$480,086
Cap Rate 9%
$373,400
Alternative Uses
Best Use
Multifamily LT 5
$480.1K
$420.1K – $560.1K
NOI $33,606 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$432.5K
$378.4K – $504.6K
NOI $30,273 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,833 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
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Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RM-15 zoning and public water and sewer service support the property’s residential configuration.
Where is this duplex located?
The property is located at 1490 NW 20TH Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,016 square feet of building area; One unit is currently tenant‑occupied; 0.17‑acre lot
