2001-2005 NE 17th Court, Fort Lauderdale, FL 33305
Triplex offering one vacant studio and two month-to-month 1-bedroom units, with a new roof and carport.
- Added:
- May 5, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 20 at 9:05 am
Property Features for 2001-2005 NE 17th Court
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1953
Listing agent Whitney Dutton License #3248950
Listing office RE/MAX FIRST
Listing date May 5, 2026
Source Crexi
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 RE/MAX FIRST
HighLights
- Triplex on a 6,600 SF corner lot with a carport; year built 1953
- Income setup: 1 vacant studio plus two 1‑bedroom units rented on a month‑to‑month basis
- New roof installed; property is clean but ready for cosmetic upgrades
- Zoned RMM‑25 (as stated) in Fort Lauderdale
- No indoor laundry; studio access only, with access to 1 bedrooms based on contract
- Walking distance to Gateway theater plaza and about 2 miles to Fort Lauderdale Beach
Overview
Located in Fort Lauderdale, the property benefits from proximity to major retail and dining options mentioned in the listing, including Trader Joe’s, Whole Foods, a new Publix, restaurants, and Nordstrom Rack. The Gateway theater plaza is described as within walking distance, and Fort Lauderdale Beach is noted as approximately 2 miles away.
For prospective owners, this configuration can support a straightforward live-in-and-rent or fully income-oriented approach, given the existing tenanting in two units and the immediate availability of the studio. The month-to-month rental structure may offer operational flexibility compared to longer-term leases, while the added work needed for cosmetics allows buyers to tailor unit updates to their target tenant or rental strategy.
Local 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 | $50.4k | $25.20 |
| − Vacancy | −$2.8k | −$1.39 |
| EGI | $47.6k | $23.81 |
| − OpEx | −$14.3k | −$7.14 |
| NOI | $33.3k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1208707
- Latitude
- 26.1509385
