Two-Unit Duplex with Fenced
New
For Sale
$549,900
2200 SW 42ND Avenue, Fort Lauderdale, FL 33317
Both residences feature private laundry rooms and tile flooring throughout.
Property Size1,696 SF
Price / SF$324.23
Days on Market4
Property Features for 2200 SW 42ND Avenue
General Information
Standard status
Active
Size
1,696 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
fenced private backyard
shaded patio
laundry room
Building Details
Year Built
1967
Listing Agency:
Charles Rutenberg Realty FTL
(954) 396-3001
Listed By:
Mary L Cardin · License #3216154
(954) 821-0009
Source:
Lehmannflorida
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 23 at 8:05AM
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 Charles Rutenberg Realty FTL
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Investment Insights
Based on property information with market context.
Built in 1967, this 1,696-square-foot duplex contains two residences, each with two bedrooms, one bathroom, a dedicated laundry room, and tile flooring throughout. The property occupies a corner lot with a fenced backyard and a shaded patio.
The property is north of I-595, with access to I-95 and the Florida Turnpike. Fort Lauderdale, restaurants, and shopping are also identified in the surrounding area.
The property is north of I-595, with access to I-95 and the Florida Turnpike. Fort Lauderdale, restaurants, and shopping are also identified in the surrounding area.
Key Highlights
- Two residences, each configured with 2 bedrooms and 1 bathroom
- 1,696‑square‑foot duplex built in 1967
- Each residence has its own laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,272
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,440
$565.4K
Cap Rate 7%
$403,886
$403.9K
Cap Rate 9%
$314,133
$314.1K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$42.7K $25.20/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$40.4K $23.81/SF
− OpEx
−$12.1K −$7.14/SF
NOI
$28.3K $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%
$565,440
Cap Rate 7%
$403,886
Cap Rate 9%
$314,133
Alternative Uses
Best Use
Multifamily LT 5
$403.9K
$353.4K – $471.2K
NOI $28,272 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$363.8K
$318.4K – $424.5K
NOI $25,468 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.14M
$997.3K – $1.33M
NOI $79,780 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
Explore this area
Business Placement
Demographics for 33317, FL
37,590
Population
13,625
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
3,916
Density / Sq Mi
$84,239
Median Household Income
$43,317
Median Earnings
$1,986
Median Rent
$449,900
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 - Both residences feature private laundry rooms and tile flooring throughout.
Where is this duplex located?
The property is located at 2200 SW 42ND Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two residences, each configured with 2 bedrooms and 1 bathroom; 1,696‑square‑foot duplex built in 1967; Each residence has its own laundry room
