Duplex with Private
For Sale
Under Contract
$479,000
2610 NW 14th Street, Fort Lauderdale, FL 33311
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,440 SF
Price / SF$332.64
Days on Market325
Property Features for 2610 NW 14th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-6
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4
Subdivision
Washington Park Fourth Ad
Standard status
Active Under Contract
APN
494232011380
Size
1,440 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
WASHINGTON PARK FOURTH ADD 22-44 B LOT 17 BLK 44
Tax Annual Amount
6625
Legal Description
WASHINGTON PARK FOURTH ADD 22-44 B LOT 17 BLK 44
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block, CBS
Roof type
Shingle, Wood
Listing Agency:
G & E Realty Group, Inc
(754) 223-4216
Listed By:
Itshak M Mor-Yossef · License #3026619
(954) 682-5599
Added: Sep 29, 2025
Changed: Aug 5
Last Checked: Aug 19 at 12:06AM
MLS# F10529229
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes a private entrance and features a bright living area, a functional kitchen with essential appliances, and a practical layout. The residence is described as a 2-bedroom, 1-bathroom home with two generously sized bedrooms. Flooring is listed as tile, and the cooling system is wall/window unit(s) and window unit(s). The property includes public water and public sewer, with cable available. Construction materials are listed as block and CBS, and the roof is described as wood and shingle. Built in 1985, the property has 1,440 square feet of total area.
Zoned RS-6, this duplex is located at 2610 NW 14th Street in Fort Lauderdale, FL 33311 (Broward County).
Additional room details are provided in the record, and prospective buyers should review the full room list when planning for occupancy or leasing.
Zoned RS-6, this duplex is located at 2610 NW 14th Street in Fort Lauderdale, FL 33311 (Broward County).
Additional room details are provided in the record, and prospective buyers should review the full room list when planning for occupancy or leasing.
Key Highlights
- Zoned RS‑6 duplex with a private entrance
- 2‑bedroom, 1‑bathroom configuration described in the record
- Built in 1985 with block/CBS construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,005
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$480,100
$480.1K
Cap Rate 7%
$342,929
$342.9K
Cap Rate 9%
$266,722
$266.7K
Market Conditions
NOI Build-Up for 1,440 SF
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.
Gross rent
$36.3K $25.20/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$34.3K $23.81/SF
− OpEx
−$10.3K −$7.14/SF
NOI
$24.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$480,100
Cap Rate 7%
$342,929
Cap Rate 9%
$266,722
Alternative Uses
Best Use
Multifamily LT 5
$342.9K
$300.1K – $400.1K
NOI $24,005 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$308.9K
$270.3K – $360.4K
NOI $21,624 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$967.7K
$846.7K – $1.13M
NOI $67,738 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex offering a private entrance, public utilities, and wall/window air conditioning in Fort Lauderdale.
Where is this duplex located?
The property is located at 2610 NW 14th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Zoned RS‑6 duplex with a private entrance; 2‑bedroom, 1‑bathroom configuration described in the record; Built in 1985 with block/CBS construction
