Turnkey Duplex Investment
For Sale
Contact for pricing
1742 SW 44th Ter, Fort Lauderdale, FL 33317
Built in 2002, this duplex includes two units with in-unit washer/dryer and four dedicated parking spaces.
Property Size2,202 SF
Price / SF$311.08
Days on Market142
Property Features for 1742 SW 44th Ter
General Information
Standard status
Active
Size
2,202 SF
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
RM-15
Additional Details
Multifamily Units
2
Amenities
in-unit washer and dryer
Building Details
Year Built
2004
Stories
2
Tenancy
Multi
Listing Agency:
Royale Miami Realty
Listed By:
Tatiana Domovsky · License #3267852
(305) 302-3212
Source:
Crexi
Added: Jun 4
Changed: Oct 4
Last Checked: Oct 23 at 5:58AM
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
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Investment Insights
Based on property information with market context.
Turnkey duplex investment property built in 2002, offering two separate units. Each unit is equipped with an in-unit washer and dryer, supporting convenient day-to-day living. The property is Section 8 approved, and it includes four dedicated parking spaces.
The duplex is located at 1742 SW 44th Ter in Fort Lauderdale, Florida (33317), within a Fort Lauderdale rental corridor noted for strong demand for affordable housing.
With a straightforward two-unit layout and well-maintained condition described in the offering, this property is positioned for hands-on investors seeking a reliable, low-maintenance residential income asset.
The duplex is located at 1742 SW 44th Ter in Fort Lauderdale, Florida (33317), within a Fort Lauderdale rental corridor noted for strong demand for affordable housing.
With a straightforward two-unit layout and well-maintained condition described in the offering, this property is positioned for hands-on investors seeking a reliable, low-maintenance residential income asset.
Key Highlights
- Duplex built in 2002 with 2 units (Year built noted as 2004 in the provided details)
- Each unit includes an in‑unit washer and dryer
- Section 8 approved for the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,707
Cap Rate
5.36%
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 5.36%
Second Best
Apartment 5plus
$472.4K
$413.3K – $551.1K
NOI $33,066 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,582 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2002, this duplex includes two units with in-unit washer/dryer and four dedicated parking spaces.
Where is this duplex located?
The property is located at 1742 SW 44th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $684,999.
What are key features of this property?
This property features: Duplex built in 2002 with 2 units (Year built noted as 2004 in the provided details); Each unit includes an in‑unit washer and dryer; Section 8 approved for the property
