1721 - 1725 SW 11th Ct Fort Lauderdale, FL 33312
1721 - 1725 SW 11th Ct, Fort Lauderdale, FL, 33312
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For Sale
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Quadplexes
Property Size6,280 SF
Price / SF$174.36
Days on Market176
Property Features for 1721 - 1725 SW 11th Ct
General Information
- Standard status
- Active
- Size
- 6,280 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1966
Listing Agency
Douglas Elliman
(305) 695-6300
Listed by
Cindy Orlinsky · License #0600280
Source
Crexi
Added: Jan 26 Updated: Jul 10 at 3:52 pm Checked: Jul 15 at 9:12 pm
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 Douglas Elliman
Investment Insights
Based on property information with market context.
Key Highlights
- Fully leased quadplex providing immediate cash flow.
- Fully renovated with 2020 roof and impact windows.
- Large corner lot in a central Fort Lauderdale location.
Local Financial Insights For Apartment 5plus
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 | $180.9k | $28.80 |
| − Vacancy | −$9.4k | −$1.50 |
| EGI | $171.5k | $27.30 |
| − OpEx | −$77.2k | −$12.29 |
| NOI | $94.3k | $15.02 |
6,280 SF · lease $28.80/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.74M
NOI $104,686 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,302 @ 7.0% cap · market cap 8.61%
Theoretical Best
Office A
$4.22M
$3.69M – $4.92M
NOI $295,411 @ 7.0% cap · market cap 26.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
Where is this quadplex located?
The property is located at 1721 - 1725 SW 11th Ct Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Fully leased quadplex providing immediate cash flow.; Fully renovated with **2020 roof and impact windows**.; Large corner lot in a central Fort Lauderdale location.
