Two-Unit Duplex with In-Unit
For Sale
$679,000
1738 SW 44th Terrace, Fort Lauderdale, FL 33317
RM-15-zoned property in Fort Lauderdale with designated parking for residents.
Property Size2,202 SF
Price / SF$308.36
Days on Market9
Property Features for 1738 SW 44th Terrace
General Information
Standard status
Active
Size
2,202 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
RM-15
Net Operating Income
$35,000
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,292
Amenities
in-unit washer and dryer
Building Details
Building Size
2,202 SF
Year Built
2004
Stories
2
Listing Agency:
Royale Miami Realty
Listed By:
Tatiana M Domovsky · License #3267852
(305) 302-3212
Source:
Laerrealty
Added: Oct 5
Changed: Oct 13
Last Checked: Oct 12 at 4:44PM
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 2,202-square-foot duplex in Fort Lauderdale contains two units, each with its own washer and dryer. The property is approved for Section 8 housing and has four dedicated parking spaces. It is zoned RM-15.
Key Highlights
- Two‑unit duplex totaling 2,202 square feet
- Washer and dryer provided within each unit
- Section 8 approved
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,707
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,140
$734.1K
Cap Rate 7%
$524,386
$524.4K
Cap Rate 9%
$407,856
$407.9K
Market Conditions
NOI Build-Up for 2,202 SF
Gross rent
$55.5K $25.20/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$52.4K $23.81/SF
− OpEx
−$15.7K −$7.14/SF
NOI
$36.7K $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%
$734,140
Cap Rate 7%
$524,386
Cap Rate 9%
$407,856
Alternative Uses
Best Use
Multifamily LT 5
$524.4K
$458.8K – $611.8K
NOI $36,707 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$472.4K
$413.3K – $551.1K
NOI $33,066 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,582 @ 7.0% cap · market cap 15.26%
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
642
Businesses Nearby
Explore this area
Business Placement
Demographics for 33317, FL
37,590
Population
13,625
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
3,916
Density / Sq Mi
$84,239
Median Household Income
$43,317
Median Earnings
$1,986
Median Rent
$449,900
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 - RM-15-zoned property in Fort Lauderdale with designated parking for residents.
Where is this duplex located?
The property is located at 1738 SW 44th Terrace Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,202 square feet; Washer and dryer provided within each unit; Section 8 approved
