Duplex with In-Unit
For Sale
$675,000
1990 SW 9th Street, Fort Lauderdale, FL 33312
Residential Income, Fort Lauderdale, FL
Property Size1,750 SF
Lot Size0.23 Acres
Price / SF$385.71
Days on Market115
Property Features for 1990 SW 9th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-15
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Patio and Porch features
Deck
Pets allowed
Yes, No
Fencing
Perimeter
Subdivision
RIVERSIDE PARK
Elementary school
Croissant Park
Middle school
New River
High school
Stranahan
Standard status
Active
APN
504209120970
Size
1,750 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RIVERSIDE PARK 7-24 B POR OF LOTS 25,26,27,DESC AS FOL: COMM SE COR LOT 25,SWLY 91.64 TO POB,CONT SWLY 71.37, NW 1.07,NELY 127.82,E 71, S 11
Tax Annual Amount
10188
Legal Description
RIVERSIDE PARK 7-24 B POR OF LOTS 25,26,27,DESC AS FOL: COMM SE COR LOT 25,SWLY 91.64 TO POB,CONT SWLY 71.37, NW 1.07,NELY 127.82,E 71, S 11
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-unit washers and dryers
fully fenced lot
Building Details
Year built
1987
Floors in Building
1
Number of units
4
Flooring type
Vinyl, Tile
Building materials
Block, CBS
Roof type
Shingle, Composition
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Anika Bembanaste · License #3594711
(954) 873-0803
Added: Jun 15
Changed: Oct 7
Last Checked: Oct 7 at 6:06AM
MLS# B26041029
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 Fort Lauderdale duplex contains two 2-bedroom, 2-bathroom residences across 1,750 square feet. Both units have in-unit washers and dryers. Updates to one residence include flooring, vanities, kitchen countertops, a sink, mirrors, and lighting; that unit also has a newer AC system. The roof was replaced in 2019. The 0.23-acre parcel is fully fenced, and the property is zoned RD-15.
One residence is leased, while the other is vacant. Public water and sewer serve the property. Construction is block, with vinyl and tile flooring, central heating and air conditioning, and a deck.
One residence is leased, while the other is vacant. Public water and sewer serve the property. Construction is block, with vinyl and tile flooring, central heating and air conditioning, and a deck.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms
- 1,750 square feet on a 0.23‑acre lot
- In‑unit washer and dryer in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,172
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,440
$583.4K
Cap Rate 7%
$416,743
$416.7K
Cap Rate 9%
$324,133
$324.1K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$44.1K $25.20/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$41.7K $23.81/SF
− OpEx
−$12.5K −$7.14/SF
NOI
$29.2K $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%
$583,440
Cap Rate 7%
$416,743
Cap Rate 9%
$324,133
Alternative Uses
Best Use
Multifamily LT 5
$416.7K
$364.7K – $486.2K
NOI $29,172 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$375.4K
$328.5K – $438.0K
NOI $26,279 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,320 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
870
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
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
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 matching residential units provide a separate living space and rental option within one fenced property.
Where is this duplex located?
The property is located at 1990 SW 9th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 1,750 square feet on a 0.23‑acre lot; In‑unit washer and dryer in both residences
