Duplex with Open-Concept
For Sale
$1,995,000
1720 Sw 20th St, Fort Lauderdale, FL 33305
RD-15 zoning and proximity to yacht repair marinas and marine centers support a range of residential rental configurations.
Property Size4,282 SF
Price / SF$465.90
Days on Market11
Property Features for 1720 Sw 20th St
General Information
Standard status
Active
Size
4,282 SF
Property subtype
Residential Income
Zoning
RD-15
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$15,238
Listing Agency:
Coldwell Banker Realty
(954) 527-5900
Listed By:
Michael F Rizzo PA
(954) 258-2051
Source:
Exprealty
Added: Oct 3
Changed: Oct 11
Last Checked: Oct 12 at 10:02PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This Fort Lauderdale duplex offers 4,282 square feet, an open-concept floor plan, 10-foot ceilings and cove lighting. Interior finishes include Italian porcelain flooring, quartz countertops, custom cabinetry and stainless steel appliances. The property has 4 bedrooms and 3-1/2 bathrooms.
Yacht repair marinas and marine centers are directly across the street. Downtown, Las Olas, Fort Lauderdale-Hollywood International Airport, Port Everglades, Marina Mile, beaches and major highways are described as minutes away. The property is zoned RD-15.
Yacht repair marinas and marine centers are directly across the street. Downtown, Las Olas, Fort Lauderdale-Hollywood International Airport, Port Everglades, Marina Mile, beaches and major highways are described as minutes away. The property is zoned RD-15.
Key Highlights
- 4,282‑square‑foot duplex
- 4 bedrooms and 3‑1/2 bathrooms
- 10‑foot ceilings, cove lighting and open‑concept floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,380
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,427,600
$1.4M
Cap Rate 7%
$1,019,714
$1.0M
Cap Rate 9%
$793,111
$793.1K
Market Conditions
NOI Build-Up for 4,282 SF
Gross rent
$107.9K $25.20/SF
− Vacancy
−$5.9K −$1.39/SF
EGI
$102.0K $23.81/SF
− OpEx
−$30.6K −$7.14/SF
NOI
$71.4K $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%
$1,427,600
Cap Rate 7%
$1,019,714
Cap Rate 9%
$793,111
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$892.3K – $1.19M
NOI $71,380 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$918.6K
$803.8K – $1.07M
NOI $64,300 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,425 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - RD-15 zoning and proximity to yacht repair marinas and marine centers support a range of residential rental configurations.
Where is this duplex located?
The property is located at 1720 Sw 20th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 4,282‑square‑foot duplex; 4 bedrooms and 3‑1/2 bathrooms; 10‑foot ceilings, cove lighting and open‑concept floor plan
