Turnkey Duplex Investment
1742 SW 44th Ter Fort Lauderdale, FL 33317
For Sale
Contact for pricing
Built in 2002, this duplex includes two units with in-unit washer/dryer and four dedicated parking spaces.
Property Size2,202 SF
Price / SF$317.44
Days on Market51
Property Features for 1742 SW 44th Ter
General Information
- Standard status
- Active
- Size
- 2,202 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2004
Listing Agency:
Royale Miami Realty
(305) 302-3212
Listed By:
Tatiana Domovsky · License #3267852
Source:
Crexi
Added: Jun 4
Changed: Jul 23
Last Checked: Jul 23 at 10:24AM
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.
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 For Multifamily LT 5
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 | $55.5k | $25.20 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $52.4k | $23.81 |
| − OpEx | −$15.7k | −$7.14 |
| NOI | $36.7k | $16.67 |
2,202 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$524.4K
$458.8K – $611.8K
NOI $36,707 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$472.4K
$413.3K – $551.1K
NOI $33,066 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,582 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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 $699,000.
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
