Duplex With Fenced
New
For Sale
$1,195,000
2820 NE 49TH Street, Fort Lauderdale, FL 33308
Both residences have laundry rooms and separate fenced outdoor areas.
Property Size2,832 SF
Price / SF$421.96
Days on Market4
Property Features for 2820 NE 49TH Street
General Information
Standard status
Active
Size
2,832 SF
Total Parking Spaces
7
Property subtype
Residential Income
Zoning
RD-15
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$16,470
Amenities
private fenced yards
laundry rooms
Building Details
Building Size
2,832 SF
Year Built
1965
Stories
1
Listing Agency:
Carnival Realty
Listed By:
Charles C Fishman
(954) 632-3325
Source:
Laerrealty
Added: Oct 19
Last Checked: Oct 20 at 5:58PM
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 Carnival Realty
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Investment Insights
Based on property information with market context.
This 2,832-square-foot duplex was built in 1965 and is zoned RD-15. Improvements include a new roof in 2026, impact windows and doors installed in 2025, and updated flooring and kitchens in both units. One unit also has a renovated bathroom. Each residence has its own laundry room and fenced side yard.
Both units are currently rented. The property is near restaurants, beaches, LBTS, and Cardinal Gibbons High School.
Both units are currently rented. The property is near restaurants, beaches, LBTS, and Cardinal Gibbons High School.
Key Highlights
- 2,832‑square‑foot duplex built in 1965
- RD‑15 zoning
- New roof in 2026; impact windows and doors installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,209
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,180
$944.2K
Cap Rate 7%
$674,414
$674.4K
Cap Rate 9%
$524,544
$524.5K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$71.4K $25.20/SF
− Vacancy
−$3.9K −$1.39/SF
EGI
$67.4K $23.81/SF
− OpEx
−$20.2K −$7.14/SF
NOI
$47.2K $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%
$944,180
Cap Rate 7%
$674,414
Cap Rate 9%
$524,544
Alternative Uses
Best Use
Multifamily LT 5
$674.4K
$590.1K – $786.8K
NOI $47,209 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$607.5K
$531.6K – $708.8K
NOI $42,526 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.90M
$1.67M – $2.22M
NOI $133,217 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,417
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have laundry rooms and separate fenced outdoor areas.
Where is this duplex located?
The property is located at 2820 NE 49TH Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 2,832‑square‑foot duplex built in 1965; RD‑15 zoning; New roof in 2026; impact windows and doors installed in 2025
