Fort Lauderdale Triplex Investment
2142 Northwest 8th Street, Fort Lauderdale, FL 33311
Turnkey, income-producing triplex in central Broward, near I-95.
Type:Multi-Family Income / Triplex
Property size:
1,927 SFPrice / SF:
$272/SF- Added:
- Oct 27, 2025
- Days on Market:
- 219
- Last Refresh:
- Mar 17 at 5:52 am
Property Features for 2142 Northwest 8th Street
General Information
- Standard status
- Active
- Size
- 1,927 SF
- Property subtype
- Multi-Family Income / Triplex
Building Details
- Year Built
- 1980
Listing agent Laurane Simon License #3315241 (844) 484-3774
Listing office The Pearl Realty Group (844) 484-3774
Listing date Oct 27, 2025
Source Compass
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 The Pearl Realty Group
HighLights
- Turnkey triplex for immediate cash flow.
- Fully occupied with reliable tenants, including one with over 5 years of residency.
- Centrally located near I‑95, downtown Fort Lauderdale, public transportation, shopping, and schools.
- Each unit has separate entrances and ample parking.
- Roof re‑roofed in 2021.
- Newer wall units per unit to circulate cooling.
Overview
This fully occupied triplex at 2142 NW 8th Street, Fort Lauderdale, FL 33311, presents an investor-ready opportunity for immediate cash flow. The property features reliable tenants, including one with over 5 years of residency. Each unit has separate entrances and ample parking. The triplex is centrally located near I-95, downtown Fort Lauderdale, public transportation, shopping, and schools. The roof was re-roofed in 2021. Newer wall units circulate cooling in each unit. The property, with a size of 1927 square feet, is a solid addition with strong long-term potential in a high-demand area.
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 | $48.6k | $25.20 |
| − Vacancy | −$2.7k | −$1.39 |
| EGI | $45.9k | $23.81 |
| − OpEx | −$13.8k | −$7.14 |
| NOI | $32.1k | $16.67 |
1,927 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$458.9K
$401.5K – $535.4K
NOI $32,123 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$413.4K
$361.7K – $482.3K
NOI $28,936 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,646 @ 7.0% cap · market cap 17.27%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1717834
- Latitude
- 26.1325072
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Turnkey, income-producing triplex in central Broward, near I-95.
Where is this triplex located?
The property is located at 2142 Northwest 8th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Turnkey triplex for immediate cash flow.; Fully occupied with reliable tenants, including one with over 5 years of residency.; Centrally located near I‑95, downtown Fort Lauderdale, public transportation, shopping, and schools.
