Two-Unit
2705 NW 13th St, Fort Lauderdale, FL 33311
For Sale
New
$550,000
Residential Income, Fort Lauderdale, FL
Property Size1,241 SF
Price / SF$443.19
Days on Market2
Property Features for 2705 NW 13th St
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
picnic and BBQ area
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Capital Realty SFL
(954) 862-1770
Listed By:
Edgar Rhenals · License FL #3222638
(954) 326-7116
Added: Nov 13
Changed: Nov 14
Last Checked: Nov 14 at 4:06AM
MLS# A12123686
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.
Built in 1984, this 1,241-square-foot concrete block duplex is configured as two legal units, each with a separate meter. The property has central air conditioning and electric central heat; the HVAC system is two years old.
A landscaped outdoor area includes space for picnicking and barbecue. Public water and sewer serve the property, and cable is available.
A landscaped outdoor area includes space for picnicking and barbecue. Public water and sewer serve the property, and cable is available.
Key Highlights
- Two legal units, each with a separate meter
- 1,241 square feet in a concrete block building
- HVAC system is 2 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,687
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,740
$413.7K
Cap Rate 7%
$295,529
$295.5K
Cap Rate 9%
$229,856
$229.9K
Market Conditions
NOI Build-Up for 1,241 SF
Gross rent
$31.3K $25.20/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$29.6K $23.81/SF
− OpEx
−$8.9K −$7.14/SF
NOI
$20.7K $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%
$413,740
Cap Rate 7%
$295,529
Cap Rate 9%
$229,856
Alternative Uses
Best Use
Multifamily LT 5
$295.5K
$258.6K – $344.8K
NOI $20,687 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$266.2K
$232.9K – $310.6K
NOI $18,635 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$834.0K
$729.7K – $973.0K
NOI $58,377 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
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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
$276,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Lauderdale, FL
Properties on Market for Duplexes in Fort Lauderdale
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate meters serve each unit, with a picnic and barbecue area outdoors.
Where is this duplex located?
The property is located at 2705 NW 13th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two legal units, each with a separate meter; 1,241 square feet in a concrete block building; HVAC system is 2 years old
