1720 NE 8th Avenue Fort Lauderdale, FL 33305
MULTI_FAMILY - Fort Lauderdale, FL
Property Features for 1720 NE 8th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RDS-15
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1
- Window features
- Blinds
- Patio and Porch features
- Patio
- Fencing
- Fenced
- Standard status
- Active
- APN
- 494235040251
- Size
- 1,572 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LAUDERDALE PARK 6-33 1/2 B LOT 8 S 50,9 S 50 BLK 2
- Tax Annual Amount
- 9372
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- CBS
- Roof type
- Composition
Listing agent Troy E Hanna License #3372166 (512) 659-7093
Listing office Dettman Realty Group LLC 2422 Wilton Drive, Fort Lauderdale, FL (954) 566-2448
Listing date Jul 10, 2026
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.
Investment Insights
Based on property information with market context.
Each unit is separately metered for water and electricity, supporting independent utility management. The property includes four off-street parking spaces, with newly resurfaced asphalt completed in 2025.
Appliances and both central HVAC/Air Conditioning systems have been updated since 2020, and the home is under zoning noted as RDS-15.
Key Highlights
- Duplex built in 1971 with CBS construction and a composition roof
- Each unit has 2 bedrooms and 1 bathroom, with separate water and electricity metering
- Both units include central A/C, impact windows and doors, and dedicated washer/dryer
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 | $39.6k | $25.20 |
| − Vacancy | −$2.2k | −$1.39 |
| EGI | $37.4k | $23.81 |
| − OpEx | −$11.2k | −$7.14 |
| NOI | $26.2k | $16.67 |
