Vacant Duplex For
433 NW 18th Ave Fort Lauderdale, FL 33311
433 NW 18th Ave, Fort Lauderdale, FL, 33311
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For Sale
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Duplex property listed for sale, vacant at close, with total size of 1,802.
Property Size1,802 SF
Price / SF$233.02
Days on Market163
Property Features for 433 NW 18th Ave
General Information
- Standard status
- Active
- Size
- 1,802 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1954
Listing agency
EXP Realty LLC
(786) 953-5870
Listed by
Manuel Arce · License #3357807
Source
Crexi
Added: Feb 10 Updated: Jul 21 at 8:35PM Checked: Jul 21 at 8:35PM
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 EXP Realty LLC
Investment Insights
Based on property information with market context.
This for-sale duplex includes residential income property configuration offered as two units under one building. The property is noted as vacant at close, which may simplify transition at purchase.
The duplex is located at 433 NW 18th Ave, Fort Lauderdale, FL 33311. The seller has set the list price at $419,900, and the broker remarks should be reviewed for additional details related to the sale.
The total property size is 1,802. Please refer to the broker remarks and offering materials for further specifics on unit layout and condition.
The duplex is located at 433 NW 18th Ave, Fort Lauderdale, FL 33311. The seller has set the list price at $419,900, and the broker remarks should be reviewed for additional details related to the sale.
The total property size is 1,802. Please refer to the broker remarks and offering materials for further specifics on unit layout and condition.
Key Highlights
- Duplex property built in 1954
- 1,802 total SF duplex
- Property is vacant at close
Local 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 | $45.4k | $25.20 |
| − Vacancy | −$2.5k | −$1.39 |
| EGI | $42.9k | $23.81 |
| − OpEx | −$12.9k | −$7.14 |
| NOI | $30.0k | $16.67 |
1,802 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$429.1K
$375.5K – $500.7K
NOI $30,039 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$386.6K
$338.2K – $451.0K
NOI $27,059 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,766 @ 7.0% cap · market cap 20.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nixon's Cleaning LLC
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex property listed for sale, vacant at close, with total size of 1,802.
Where is this duplex located?
The property is located at 433 NW 18th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Duplex property built in 1954; 1,802 total SF duplex; Property is vacant at close
