Turnkey Duplex with In-Unit
For Sale
$684,999
1742 SW 44th Ter, Fort Lauderdale, FL 33317
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,202 SF
Price / SF$311.08
Days on Market33
Property Features for 1742 SW 44th Ter
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RM-15
Bedrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 6, Bathroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 3, Bathroom 1
Parking
4
Patio and Porch features
Porch, Deck
Exterior features
Deck, Porch
Subdivision
ROCK HILL SEC
Lot features
< 1/4 Acre
Standard status
Active
APN
504113070370
Size
2,202 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
ROCK HILL SEC C 36-41 B LOT 12 BLK 5
Tax Annual Amount
9292
Legal Description
ROCK HILL SEC C 36-41 B LOT 12 BLK 5
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Amenities
in-unit washer and dryer
Building Details
Year built
2004
Floors in Building
2
Flooring type
Laminate, Tile
Building materials
Modular/Prefab
Listing Agency:
Royale Miami Realty
(305) 302-3212
Listed By:
Tatiana Domovsky · License #3267852
(305) 302-3212
Added: Jul 18
Changed: Aug 4
Last Checked: Aug 19 at 3:06PM
MLS# A12030964
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey duplex built in 2004, featuring two residential units. Each unit includes in-unit washer and dryer. The property offers four dedicated parking spaces, helping support tenant convenience. Interior finishes include laminate and tile flooring. Heating is central, with central air and ceiling fans for cooling. The exterior includes a deck and porch.
The duplex is located at 1742 SW 44th Ter in Fort Lauderdale, FL 33317. Cable is available, and the property uses a septic tank for sewer.
This modular/prefab construction duplex provides a straightforward, two-unit configuration for day-to-day residential use.
The duplex is located at 1742 SW 44th Ter in Fort Lauderdale, FL 33317. Cable is available, and the property uses a septic tank for sewer.
This modular/prefab construction duplex provides a straightforward, two-unit configuration for day-to-day residential use.
Key Highlights
- Section 8 approved duplex with two units
- Each unit has in‑unit washer and dryer
- Four dedicated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,707
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with in-unit washer and dryer and four dedicated parking spaces; Section 8 approved.
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: Section 8 approved duplex with two units; Each unit has in‑unit washer and dryer; Four dedicated parking spaces
