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Triplex with Studio Apartment
New
For Sale
$500,000

2664 SW 7th St, Fort Lauderdale, FL 33312

Residential Income, Fort Lauderdale, FL

Property Size1,739 SF
Price / SF$287.52
Days on Market2

Property Features for 2664 SW 7th St

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description RMM-25
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3
Parking 5
Subdivision LAST CHANCE VILLAGE
Lot features < 1/4 Acre
Standard status Active
APN 504208080260
Size 1,739 SF

Taxes and HOA fees

Tax Year 2025
Tax Description LAST CHANCE VILLAGE 27-13 B LOT 5 E1/2 BLK 3
Tax Annual Amount 6943
Legal Description LAST CHANCE VILLAGE 27-13 B LOT 5 E1/2 BLK 3

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Ceiling Fan(s), Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1971
Flooring type Terrazzo
Building materials CBS (Concrete Block Structure), Block
Roof type Shingle
Listing Agency: Keller Williams Eagle Realty · Keller Williams Realty
Listed By: Chelsya Saunders · License #3254075
Added: Oct 19 Changed: Oct 20 Last Checked: Oct 20 at 11:06AM
MLS# A12109176

Copyright © 2026 Miami REALTORS®. 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 1,739-square-foot triplex, built in 1971, contains two apartments with two bedrooms and one bathroom each, plus a studio. The building has concrete block construction, terrazzo flooring, a shingle roof, and public sewer service. Heating is provided by wall furnaces; cooling features include window units and ceiling fans.

The Fort Lauderdale property is described as minutes from shopping, dining, Las Olas Boulevard, Wilton Manors, and area beaches. Public transportation, major roadways, and Fort Lauderdale-Hollywood International Airport are also accessible from the location.

Key Highlights

  • Three residential units: two 2‑bedroom, 1‑bathroom apartments and one studio
  • 1,739 square feet; built in 1971
  • Concrete block construction with terrazzo flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,989
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,780 $579.8K
Cap Rate 7%
$414,129 $414.1K
Cap Rate 9%
$322,100 $322.1K
Market Conditions
NOI Build-Up for 1,739 SF
Gross rent
$43.8K $25.20/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$41.4K $23.81/SF
− OpEx
−$12.4K −$7.14/SF
NOI
$29.0K $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%
$579,780
Cap Rate 7%
$414,129
Cap Rate 9%
$322,100

Alternative Uses

Best Use
Multifamily LT 5
$414.1K
$362.4K – $483.2K (±1% cap)
NOI $28,989 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$373.0K
$326.4K – $435.2K (±1% cap)
NOI $26,113 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,803 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby

Demographics for 33312, FL

51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two full apartments and a studio provide three separate residential units.
Where is this triplex located?
The property is located at 2664 SW 7th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three residential units: two 2‑bedroom, 1‑bathroom apartments and one studio; 1,739 square feet; built in 1971; Concrete block construction with terrazzo flooring
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