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Two-Unit Duplex with Carport
For Sale
$1,349,000

2713 NE 33RD Avenue 1-2, Fort Lauderdale, FL 33308

Each residence has two bedrooms, two bathrooms, central air conditioning, and a separate electric meter.

Property Size2,271 SF
Lot Size0.22 Acres
Price / SF$594.01
Days on Market98

Property Features for 2713 NE 33RD Avenue 1-2

General Information

Standard status Active
Size 2,271 SF
Lot size 0.22 Acres
Property subtype Duplex
Zoning RD-15
Occupancy 100%

Site & Location

Neighborhood Cbha
Highway Access Yes
Road Access Yes
Fenced Yard Yes
Utilities to Site Yes

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $19,762

Amenities

shutters
carport
central AC
updated electric
updated plumbing
W/D
quartz counters
stainless steel appliances

Building Details

Building Size 2,271 SF
Year Built 1954
Buildings 1
Tenancy Multi
Listing Agency: Hot Tropic Properties
Listed By: Christina A Picanza · License #0646616
Source: Irgflorida
Added: Jul 23 Changed: Oct 26 Last Checked: Oct 26 at 10:21AM

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 Hot Tropic Properties

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Investment Insights

Based on property information with market context.

This 2,271-square-foot duplex contains two residences, each with a 2-bedroom, 2-bath layout. Both units have central air conditioning, laundry equipment, and individual electric meters. The property also includes a carport, fenced backyard, sprinkler system, shutters, and a new roof. The rear unit has updated quartz countertops and stainless steel appliances, along with renovated finishes. Electric and plumbing systems have been updated throughout the property.

The duplex sits on a 9,800-square-foot parcel zoned RD-15, near A1A and within walking distance of the beach, shops, restaurants, and entertainment. Both residences are rented. The parcel is described as supporting development of at least two townhomes.

Key Highlights

  • 2,271‑square‑foot duplex with two 2‑bedroom, 2‑bath residences
  • 9,800‑square‑foot parcel zoned RD‑15
  • Carport, fenced backyard, sprinkler system, shutters, and new roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,857
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,140 $757.1K
Cap Rate 7%
$540,814 $540.8K
Cap Rate 9%
$420,633 $420.6K
Market Conditions
NOI Build-Up for 2,271 SF
Gross rent
$57.2K $25.20/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$54.1K $23.81/SF
− OpEx
−$16.2K −$7.14/SF
NOI
$37.9K $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%
$757,140
Cap Rate 7%
$540,814
Cap Rate 9%
$420,633

Alternative Uses

Best Use
Multifamily LT 5
$540.8K
$473.2K – $631.0K (±1% cap)
NOI $37,857 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$487.2K
$426.3K – $568.4K (±1% cap)
NOI $34,102 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,828 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,323
Businesses Nearby

Demographics for 33308, FL

29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
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?
Duplex - Each residence has two bedrooms, two bathrooms, central air conditioning, and a separate electric meter.
Where is this duplex located?
The property is located at 2713 NE 33RD Avenue 1-2 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 2,271‑square‑foot duplex with two 2‑bedroom, 2‑bath residences; 9,800‑square‑foot parcel zoned RD‑15; Carport, fenced backyard, sprinkler system, shutters, and new roof
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