Duplex with Patio and
New
For Sale
$530,000
320 SW 21ST Street, Fort Lauderdale, FL 33315
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,476 SF
Lot Size0.15 Acres
Price / SF$359.08
Days on Market7
Property Features for 320 SW 21ST Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-15
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Patio and Porch features
Patio
Pets allowed
No, Yes
Exterior features
Storage
Subdivision
LAUDERDALE
Elementary school
Croissant Park
Middle school
New River
High school
Stranahan
Standard status
Active
APN
504215015850
Size
1,476 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LAUDERDALE 2-9 D LOT 6 BLK 110
Tax Annual Amount
9650
Legal Description
LAUDERDALE 2-9 D LOT 6 BLK 110
Utilities
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Number of units
2
Flooring type
Tile, Terrazzo
Building materials
Concrete Block - With Stucco, Frame
Roof type
Shingle, Composition
Additional Structures
Storage
Listing Agency:
Douglas Elliman
(954) 874-0740
Listed By:
Rosemary S Purswell · License #3083420
(954) 562-8004
Added: Jul 31
Changed: Aug 5
Last Checked: Aug 6 at 11:06AM
MLS# B26058820
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 duplex offers two separate units with a front house and a back house layout. The front unit is a two-bedroom, one-bath configuration, and the back unit provides one bedroom plus a den and one bath. A patio supports outdoor use, and exterior storage is included. Interior finishes include terrazzo and tile flooring, with wall/window and window unit cooling. The property was built in 1955, using concrete block with stucco and frame construction, and it has a composition/shingle roof.
The lot size is 0.15 acres, and the property is served by public water and public sewer. Zoned RM-15, it is located in Fort Lauderdale (33315) and is described as being near Broward Health (0.9 mi), the airport (2.5 mi), Port Everglades (2.0 mi), and Downtown, with The FORT pickleball courts noted at 1.9 mi. The listing also references ample parking for cars and a recreation vehicle.
The lot size is 0.15 acres, and the property is served by public water and public sewer. Zoned RM-15, it is located in Fort Lauderdale (33315) and is described as being near Broward Health (0.9 mi), the airport (2.5 mi), Port Everglades (2.0 mi), and Downtown, with The FORT pickleball courts noted at 1.9 mi. The listing also references ample parking for cars and a recreation vehicle.
Key Highlights
- Two separate units: front 2 bed/1 bath; back 1 bed/1 bath plus den
- Zoned RM‑15 duplex with patio and exterior storage
- Lot size 0.15 acres
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.2k | $25.20 |
| − Vacancy | −$2.0k | −$1.39 |
| EGI | $35.1k | $23.81 |
| − OpEx | −$10.5k | −$7.14 |
| NOI | $24.6k | $16.67 |
1,476 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$351.5K
$307.6K – $410.1K
NOI $24,605 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$316.6K
$277.1K – $369.4K
NOI $22,164 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$991.9K
$867.9K – $1.16M
NOI $69,431 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - RM-15 duplex with two separate units, patio, storage, and public water and sewer.
Where is this duplex located?
The property is located at 320 SW 21ST Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two separate units: front 2 bed/1 bath; back 1 bed/1 bath plus den; Zoned RM‑15 duplex with patio and exterior storage; Lot size 0.15 acres
