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Two Duplexes with Private Patios

1727 SW 21st St, Fort Lauderdale, FL 33315

For Sale
$750,000

Four residences include private laundry rooms, patios, central air conditioning and dedicated parking.

Property Size2,273 SF
Price / SF$329.96
Days on Market143

Property Features for 1727 SW 21st St

General Information

Standard status Active
Size 2,273 SF
Property subtype Duplex
Occupancy 100%

Site & Location

Neighborhood Roca

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4
Parking per Unit 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $9,314

Amenities

central air conditioning
private laundry rooms
back patios
hurricane shutters
hurricane rated doors

Building Details

Building Size 2,273 SF
Year Built 1970
Buildings 2
Tenancy Multi
Listing Agency: The Corcoran Group
Listed By: Albert Van Zyl · License FL #3252913
Source: Debuirerealty
Added: Jun 22 Changed: Nov 7 Last Checked: Nov 10 at 2:51PM

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 The Corcoran Group

Rey
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Investment Insights

Based on property information with market context.

This Fort Lauderdale property consists of two duplexes with four residences. Each unit has two bedrooms and two bathrooms, central air conditioning, a private laundry room and a back patio. Hurricane shutters and hurricane-rated doors are installed, and the parking area has been sealed and painted. The roof is new.

Each residence has dedicated parking for two vehicles. All tenants are on month-to-month leases. The property was built in 1970 and is located at 1727 SW 21st St.

Key Highlights

  • Two duplexes contain four units, each with 2 bedrooms and 2 bathrooms
  • Dedicated 2‑car parking for each unit
  • Private laundry rooms and back patios in every unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,890
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,800 $757.8K
Cap Rate 7%
$541,286 $541.3K
Cap Rate 9%
$421,000 $421.0K
Market Conditions
NOI Build-Up for 2,273 SF
Gross rent
$57.3K $25.20/SF
− Vacancy
−$3.2K −$1.39/SF
EGI
$54.1K $23.81/SF
− OpEx
−$16.2K −$7.14/SF
NOI
$37.9K $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%
$757,800
Cap Rate 7%
$541,286
Cap Rate 9%
$421,000

Alternative Uses

Best Use
Multifamily LT 5
$541.3K
$473.6K – $631.5K (±1% cap)
NOI $37,890 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$487.6K
$426.7K – $568.9K (±1% cap)
NOI $34,132 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,922 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

872
Businesses Nearby

Demographics for 33315, FL

13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Fort Lauderdale, FL

$447 Jul
$412 Aug
$394 Sep
$396 Oct

Properties on Market for Duplexes in Fort Lauderdale

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Four residences include private laundry rooms, patios, central air conditioning and dedicated parking.
Where is this duplex located?
The property is located at 1727 SW 21st St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two duplexes contain four units, each with 2 bedrooms and 2 bathrooms; Dedicated 2‑car parking for each unit; Private laundry rooms and back patios in every unit
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