1500 NW 5th Avenue # w #E-w Fort Lauderdale, FL 33311
Maintained duplex with two 1-bedroom units, private screened porches, impact windows, and fenced yard plus shared laundry.
Property Features for 1500 NW 5th Avenue # w #E-w
General Information
- Standard status
- Active
- Size
- 1,477 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1952
Listing office Compass Florida LLC (305) 942-5592
Listing date May 11, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
The duplex sits on a spacious corner lot in the South Middle River community, giving the property an established residential setting and convenient access to parking. The corner-lot configuration supports both practical tenant use of outdoor space and straightforward day-to-day logistics for tenants and guests.
For tenants or owner-occupants, the layout provides two separate 1-bedroom residences within one property, with private screened porches for each unit and shared laundry on site. For buyers seeking a straightforward income-producing residential property, the combination of updated impact-rated openings, individual outdoor space, and off-street parking supports long-term livability for both units.
Key Highlights
- Maintained duplex built in 1952 with two 1‑bedroom, 1‑bathroom units
- Each unit has full impact windows and doors
- Each unit features tile flooring and a private screened‑in porch
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 | $37.2k | $25.20 |
| − Vacancy | −$2.0k | −$1.39 |
| EGI | $35.2k | $23.81 |
| − OpEx | −$10.6k | −$7.14 |
| NOI | $24.6k | $16.67 |