Twin Duplex with Two 2BR/2BA
1840 SW 24th Street Fort Lauderdale, FL 33315
For Sale
$799,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,912 SF
Lot Size0.15 Acres
Price / SF$417.89
Days on Market197
Property Features for 1840 SW 24th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- RML-25
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 3, Bathroom 2
- Patio and Porch features
- Patio, Deck
- Exterior features
- Built-in Barbecue, Custom Lighting, Outdoor Shower
- Fencing
- Fenced
- Standard status
- Active
- APN
- 504221010020
- Size
- 1,912 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- F A BARRETTS SUB OF W1/2 OF 21-50-42 1-46D N 127.30 OF E 50 OF W 100 OF ALL OF THE FOLLOWING DESC PAR,W 70 OF E 110.48 O
- Tax Annual Amount
- 10226
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Humidity Control, Window Unit(s), Wall/Window Unit(s), Electric
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Concrete, Stucco
- Roof type
- Composition
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Yvonne Plass · License #3402236
(561) 860-7053
Added: Jan 9
Changed: Jul 25
Last Checked: Jul 25 at 8:06PM
MLS# R11152984
Copyright © 2026 BeachesMLS. 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 well-located duplex features two units, with each unit offering 2 bedrooms and 2 bathrooms. The property is part of a twin-duplex package, and both properties are available for sale. Per the listing remarks, the property may be sold fully furnished as shown.
Located at 1840 SW 24th Street in Fort Lauderdale, the property is described as conveniently positioned near I-595 and I-95, with easy access to Fort Lauderdale-Hollywood International Airport and Port Everglades, along with major marinas, hospitals, and employment centers.
The listing also notes strong rental demand in the area and states the property may be suitable for short-term or mid-term rental use, including cruise passengers and crew, yacht staff, and airport and hospital professionals.
Located at 1840 SW 24th Street in Fort Lauderdale, the property is described as conveniently positioned near I-595 and I-95, with easy access to Fort Lauderdale-Hollywood International Airport and Port Everglades, along with major marinas, hospitals, and employment centers.
The listing also notes strong rental demand in the area and states the property may be suitable for short-term or mid-term rental use, including cruise passengers and crew, yacht staff, and airport and hospital professionals.
Key Highlights
- Duplex under construction with 2 units, each featuring 2 bedrooms and 2 bathrooms
- Built with concrete and stucco exterior and a composition roof
- Electric heating and electric cooling, including window/wall unit(s) and humidity control
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 | $48.2k | $25.20 |
| − Vacancy | −$2.7k | −$1.39 |
| EGI | $45.5k | $23.81 |
| − OpEx | −$13.7k | −$7.14 |
| NOI | $31.9k | $16.67 |
1,912 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$455.3K
$398.4K – $531.2K
NOI $31,873 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$410.2K
$358.9K – $478.5K
NOI $28,711 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,940 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CARYS, LLC
Medical Clinic
FAQs
What type of property is this?
Duplex - Duplex includes two 2-bedroom, 2-bath units and is offered as part of a twin-duplex package.
Where is this duplex located?
The property is located at 1840 SW 24th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Duplex under construction with 2 units, each featuring 2 bedrooms and 2 bathrooms; Built with concrete and stucco exterior and a composition roof; Electric heating and electric cooling, including window/wall unit(s) and humidity control
