Remodeled Duplex with Private
For Sale
$999,000
2000 NE 17TH Court #1-2, Fort Lauderdale, FL 33305
Two separately arranged residences offer updated interiors, private outdoor areas, laundry rooms, and dedicated parking.
Property Size2,120 SF
Price / SF$471.23
Days on Market62
Property Features for 2000 NE 17TH Court #1-2
General Information
Standard status
Active
Size
2,120 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
RMM-25
Site & Location
Neighborhood
Phca
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
3
Taxes and HOA fees
Annual Taxes
$12,709
Amenities
privacy wall
laundry rooms
private back deck
large side yard
Building Details
Building Size
2,120 SF
Year Built
1953
Buildings
1
Stories
1
Listing Agency:
Earthrise Realty Inc
Listed By:
Pamela L Mereider · License #194302
(954) 303-8284
Source:
Laerrealty
Added: Aug 23
Changed: Oct 3
Last Checked: Oct 23 at 4:17AM
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 Earthrise Realty Inc
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Investment Insights
Based on property information with market context.
This 2,120-square-foot duplex at 2000 NE 17TH Court includes two two-bedroom, two-bath residences, each configured with its own laundry room, storage, back deck, and side yard. The property was built in 1953 and has undergone a comprehensive interior renovation, with updates extending throughout both units. Each residence is arranged to function independently, with a privacy wall separating the two sides.
The property is zoned RMM-25 and provides three parking spaces per unit. Shopping and restaurants are within the immediate area, while the beach is located down the street. The Fort Lauderdale address places the duplex in East Poinsettia Heights, with separate outdoor spaces and residential layouts suited to its multifamily configuration.
The property is zoned RMM-25 and provides three parking spaces per unit. Shopping and restaurants are within the immediate area, while the beach is located down the street. The Fort Lauderdale address places the duplex in East Poinsettia Heights, with separate outdoor spaces and residential layouts suited to its multifamily configuration.
Key Highlights
- 2,120‑square‑foot duplex with two 2‑bed/2‑bath units
- Comprehensively remodeled interiors in both residences
- Each unit includes a laundry room, storage, private back deck, and large side yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,340
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,800
$706.8K
Cap Rate 7%
$504,857
$504.9K
Cap Rate 9%
$392,667
$392.7K
Market Conditions
NOI Build-Up for 2,120 SF
Gross rent
$53.4K $25.20/SF
− Vacancy
−$2.9K −$1.39/SF
EGI
$50.5K $23.81/SF
− OpEx
−$15.1K −$7.14/SF
NOI
$35.3K $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%
$706,800
Cap Rate 7%
$504,857
Cap Rate 9%
$392,667
Alternative Uses
Best Use
Multifamily LT 5
$504.9K
$441.8K – $589.0K
NOI $35,340 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$454.8K
$397.9K – $530.6K
NOI $31,835 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,725 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,288
Businesses Nearby
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Business Placement
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately arranged residences offer updated interiors, private outdoor areas, laundry rooms, and dedicated parking.
Where is this duplex located?
The property is located at 2000 NE 17TH Court #1-2 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,120‑square‑foot duplex with two 2‑bed/2‑bath units; Comprehensively remodeled interiors in both residences; Each unit includes a laundry room, storage, private back deck, and large side yard
