Furnished Duplex with Private
For Sale
$765,000
1761-1763 NE 52nd St, Fort Lauderdale, FL 33334
Residential Income, Fort Lauderdale, FL
Property Size2,028 SF
Price / SF$377.22
Days on Market49
Property Features for 1761-1763 NE 52nd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RD-15
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 1
Parking
6
Security features
Security
Patio and Porch features
Porch
Exterior features
Enclosed Porch, Security/High Impact Doors
Subdivision
CORAL RIDGE ISLES
Lot features
< 1/4 Acre
Directions
See Google Maps
Standard status
Active
APN
494211071560
Size
2,028 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CORAL RIDGE ISLES 45-47 B LOT 10 BLK 34
Tax Annual Amount
12881
Legal Description
CORAL RIDGE ISLES 45-47 B LOT 10 BLK 34
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
screened back patios
fenced backyards
in-unit washer/dryer
walk-in closets
private en-suite bathrooms
Building Details
Year built
1960
Floors in Building
1
Flooring type
Terrazzo, Tile - Ceramic
Building materials
Block
Roof type
Shingle
Listing Agency:
Keller Williams Capital Realty · Keller Williams Realty
(305) 662-7325
Listed By:
Hudson Santana · License #3433427
(781) 385-9600
Added: Aug 4
Changed: Sep 12
Last Checked: Sep 21 at 6:06PM
MLS# A12063990
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.
This 2,028-square-foot duplex was built in 1960 and is furnished for short-term rental use. Each unit includes expansive bedrooms with walk-in closets, private en-suite bathrooms, a screened rear patio, and a separately fenced backyard. Individual washers and dryers serve both units. The building has block construction, shingle roofing, ceramic tile and terrazzo flooring, central heating, central air, and high-impact security doors. Public water and public sewer are available, along with cable service.
The property is approximately 9 minutes from Lauderdale-by-the-Sea and about 20 minutes from Las Olas Boulevard. Fort Lauderdale International Airport is approximately 25 minutes away. The separate unit layouts support continued short-term rental operation or a potential long-term rental configuration, as described in the property information.
The property is approximately 9 minutes from Lauderdale-by-the-Sea and about 20 minutes from Las Olas Boulevard. Fort Lauderdale International Airport is approximately 25 minutes away. The separate unit layouts support continued short-term rental operation or a potential long-term rental configuration, as described in the property information.
Key Highlights
- 2,028 square feet with two separate residential units
- Furnished duplex operating as a short‑term rental
- Each unit has a walk‑in closet and private en‑suite bathroom
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
$33,806
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
4.42%
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%
$676,120
$676.1K
Cap Rate 7%
$482,943
$482.9K
Cap Rate 9%
$375,622
$375.6K
Market Conditions
NOI Build-Up for 2,028 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
$51.1K $25.20/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$48.3K $23.81/SF
− OpEx
−$14.5K −$7.14/SF
NOI
$33.8K $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%
$676,120
Cap Rate 7%
$482,943
Cap Rate 9%
$375,622
Alternative Uses
Best Use
Multifamily LT 5
$482.9K
$422.6K – $563.4K
NOI $33,806 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$435.0K
$380.7K – $507.6K
NOI $30,453 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,397 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,899
Businesses Nearby
Explore this area
Business Placement
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two furnished units offer screened patios, fenced outdoor areas, and individual in-unit laundry.
Where is this duplex located?
The property is located at 1761-1763 NE 52nd St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: 2,028 square feet with two separate residential units; Furnished duplex operating as a short‑term rental; Each unit has a walk‑in closet and private en‑suite bathroom
