Furnished Duplex with Private
New
For Sale
$790,000
1761-1763 NE 52nd St, Fort Lauderdale, FL 33334
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,028 SF
Price / SF$389.55
Days on Market4
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 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 1
Parking
6
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
private screened back patios
individual 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
Last Checked: Aug 7 at 12:06AM
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 contains four bedrooms and four bathrooms across two separate units. Both residences are furnished and configured for short-term rental use, with individual washers and dryers, walk-in closets, private en-suite bathrooms, screened rear patios, and fenced outdoor areas. The property was built in 1960 with block construction, ceramic tile and terrazzo flooring, central heating, central air, a shingle roof, and public water and sewer service.
The property is located at 1761-1763 NE 52nd St in Fort Lauderdale’s Coral Ridge Isles area. Lauderdale-by-the-Sea is approximately 9 minutes away, while downtown Las Olas Boulevard is about 20 minutes by car. Fort Lauderdale International Airport is approximately 25 minutes from the property.
The property is located at 1761-1763 NE 52nd St in Fort Lauderdale’s Coral Ridge Isles area. Lauderdale-by-the-Sea is approximately 9 minutes away, while downtown Las Olas Boulevard is about 20 minutes by car. Fort Lauderdale International Airport is approximately 25 minutes from the property.
Key Highlights
- 2,028 SF duplex with 4 bedrooms and 4 bathrooms
- Furnished short‑term rental property with two separate units
- Each unit includes a washer and dryer, walk‑in closets, and a 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
4.28%
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 4.28%
Second Best
Apartment 5plus
$435.0K
$380.7K – $507.6K
NOI $30,453 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,397 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,420
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two furnished units offer en-suite bathrooms, screened patios, fenced yards, and 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 $790,000.
What are key features of this property?
This property features: 2,028 SF duplex with 4 bedrooms and 4 bathrooms; Furnished short‑term rental property with two separate units; Each unit includes a washer and dryer, walk‑in closets, and a private en‑suite bathroom
