Well-Maintained Duplex
1600 SW 44th Ave Fort Lauderdale, FL 33317
1600 SW 44th Ave, Fort Lauderdale, FL, 33317
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For Sale
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Built in 2002, this duplex offers two units with in-unit washer and dryer and four dedicated parking spaces.
Property Size2,202 SF
Price / SF$311.08
Days on Market154
Property Features for 1600 SW 44th Ave
General Information
- Standard status
- Active
- Size
- 2,202 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2005
Listing agency
Royale Miami Realty
(305) 302-3212
Listed by
Tatiana Domovsky · License #3267852
Source
Crexi
Added: Feb 19 Updated: Jul 22 at 8:42PM Checked: Jul 22 at 8:42PM
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 Royale Miami Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex was built in 2002 and provides two spacious residential units. Each unit includes an in-unit washer and dryer and has functional layouts designed for everyday living. The property has Section 8 approval, which may appeal to investors seeking a tenant with an established rental program.
The duplex also includes four dedicated parking spaces for tenant convenience.
The seller indicates ownership of four duplexes and preference for a package sale.
The duplex also includes four dedicated parking spaces for tenant convenience.
The seller indicates ownership of four duplexes and preference for a package sale.
Key Highlights
- Duplex built in 2002 with 2 units
- Each unit includes an in‑unit washer and dryer
- Section 8 approved for consistent rental income potential
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 | $55.5k | $25.20 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $52.4k | $23.81 |
| − OpEx | −$15.7k | −$7.14 |
| NOI | $36.7k | $16.67 |
2,202 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$524.4K
$458.8K – $611.8K
NOI $36,707 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$472.4K
$413.3K – $551.1K
NOI $33,066 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,582 @ 7.0% cap · market cap 15.12%
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 - Built in 2002, this duplex offers two units with in-unit washer and dryer and four dedicated parking spaces.
Where is this duplex located?
The property is located at 1600 SW 44th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $684,999.
What are key features of this property?
This property features: Duplex built in 2002 with 2 units; Each unit includes an in‑unit washer and dryer; Section 8 approved for consistent rental income potential
