Waterfront
New
For Sale
$949,000
202 SE 10th Street, Fort Lauderdale, FL 33316
Residential Income, Fort Lauderdale, FL
Property Size2,221 SF
Lot Size0.18 Acres
Price / SF$427.29
Days on Market3
Property Features for 202 SE 10th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RAC-RPO
Bedrooms
4
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Window features
Plantation Shutters, Shutters
Patio and Porch features
Deck, Porch
Pets allowed
Yes, No
Exterior features
Awning(s), Storage
Subdivision
TARPON RIVER PARK
Lot features
Irregular Lot
View
Water, City
Elementary school
Croissant Park
Middle school
New River
High school
Stranahan
Standard status
Active
APN
504210730050
Size
2,221 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TARPON RIVER PARK 15-44 B LOT 5 & PT OF 6 AS IN OR 944/160 BLK 1
Tax Annual Amount
7437
Legal Description
TARPON RIVER PARK 15-44 B LOT 5 & PT OF 6 AS IN OR 944/160 BLK 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
storage shed
laundry room
brick paver patio with a large tiki hut
covered front porch
Building Details
Year built
1958
Floors in Building
1
Number of units
3
Flooring type
Wood, Tile
Building materials
Attic/Crawl Hatchway(s) Insulated, Frame, Wood Frame, Wood Siding
Roof type
Shingle, Composition
Additional Structures
Gazebo, Storage
Listing Agency:
RE/MAX Consultants Realty 1 · RE/MAX International
(954) 767-4667
Listed By:
James R Welch · License #302946
(954) 830-1816
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 31 at 12:06AM
MLS# B26094670
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.
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Investment Insights
Based on property information with market context.
This Fort Lauderdale triplex combines two front residences, each with two bedrooms and one bathroom, with a separate studio apartment at the rear. The single-story property includes approximately 2,200 square feet of air-conditioned living space on a 7,813-square-foot lot, with waterfront access. Site improvements include a storage shed, laundry room, brick-paver patio, tiki hut and a covered front porch measuring 9 by 36 feet.
The property is zoned RAC-RPO and is within walking distance of the Broward County Courthouse, Broward General Hospital and the new Federal Courthouse Building. Built in 1958, the building has wood and tile flooring, central heating and central air conditioning.
The property is zoned RAC-RPO and is within walking distance of the Broward County Courthouse, Broward General Hospital and the new Federal Courthouse Building. Built in 1958, the building has wood and tile flooring, central heating and central air conditioning.
Key Highlights
- Waterfront triplex with two front units and a separate rear studio
- Two units each have 2 bedrooms and 1 bathroom
- 7,813‑square‑foot lot; 0.18 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,024
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,480
$740.5K
Cap Rate 7%
$528,914
$528.9K
Cap Rate 9%
$411,378
$411.4K
Market Conditions
NOI Build-Up for 2,221 SF
Gross rent
$56.0K $25.20/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$52.9K $23.81/SF
− OpEx
−$15.9K −$7.14/SF
NOI
$37.0K $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%
$740,480
Cap Rate 7%
$528,914
Cap Rate 9%
$411,378
Alternative Uses
Best Use
Multifamily LT 5
$528.9K
$462.8K – $617.1K
NOI $37,024 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$476.4K
$416.9K – $555.9K
NOI $33,351 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,476 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,284
Businesses Nearby
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Business Placement
Demographics for 33316, FL
12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences comprise two two-bedroom units and a separate rear studio apartment.
Where is this triplex located?
The property is located at 202 SE 10th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Waterfront triplex with two front units and a separate rear studio; Two units each have 2 bedrooms and 1 bathroom; 7,813‑square‑foot lot; 0.18 acres
