Residential Income
For Sale
$1,200,000
1820 SW 9th Street, Fort Lauderdale, FL 33312
Duplex residential income property offered for sale with a total size of 2,576 square feet.
Property Size2,576 SF
Price / SF$465.84
Days on Market110
Property Features for 1820 SW 9th Street
General Information
Standard status
Active
Size
2,576 SF
Property subtype
Duplex
Site & Location
Neighborhood
Rpra
Building Details
Year Built
2024
Listing Agency:
Avanti Way Realty LLC
(305) 229-1146
Listed By:
Juan Camilo Lopez Corredor · License #3605477
(786) 973-8914
Source:
Lehmannflorida
Added: Jul 12
Changed: Oct 27
Last Checked: Oct 28 at 8:30AM
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 Avanti Way Realty LLC
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Investment Insights
Based on property information with market context.
This for-sale duplex offers a residential income configuration within a total size of 2,576 square feet. The property is positioned as a multifamily/residential income asset, providing a straightforward option for buyers seeking a duplex format.
The property is located at 1820 SW 9th St in Fort Lauderdale, Florida 33312.
The property is located at 1820 SW 9th St in Fort Lauderdale, Florida 33312.
Key Highlights
- Newly built duplex with Year Built 2024
- Total building size of 2,576 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,941
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,820
$858.8K
Cap Rate 7%
$613,443
$613.4K
Cap Rate 9%
$477,122
$477.1K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$64.9K $25.20/SF
− Vacancy
−$3.6K −$1.39/SF
EGI
$61.3K $23.81/SF
− OpEx
−$18.4K −$7.14/SF
NOI
$42.9K $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%
$858,820
Cap Rate 7%
$613,443
Cap Rate 9%
$477,122
Alternative Uses
Best Use
Multifamily LT 5
$613.4K
$536.8K – $715.7K
NOI $42,941 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$552.6K
$483.5K – $644.7K
NOI $38,682 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,175 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex residential income property offered for sale with a total size of 2,576 square feet.
Where is this duplex located?
The property is located at 1820 SW 9th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Newly built duplex with Year Built 2024; Total building size of 2,576 SF
