439-441 NW 18th Avenue, Fort Lauderdale, FL 33311
Two-unit duplex offers separate utilities, three bedrooms per side, and a large backyard.
- Added:
- Jun 6, 2025
- Days on Market:
- 389
- Last Refresh:
- Jun 20 at 3:19 am
Property Features for 439-441 NW 18th Avenue
General Information
- Standard status
- Active
- Size
- 1,824 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing office Preferred Property Finder Inc.
Listing date Jun 6, 2025
Source Crexi
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HighLights
- Large duplex with 3 bedrooms on each side and 1,824 SF total enclosed living space from enclosed porches
- Separate electric and water meters for each unit
- New water heaters
- Freshly painted exterior/interior and newly paved driveway
- Large backyard for both units
- One unit currently has a guaranteed‑income tenant; the other unit is vacant for your tour
Overview
The duplex is located at 439-441 NW 18th Avenue in Fort Lauderdale, Florida. The home is configured with separate electric and water meters for each unit, supporting independent tenant occupancy and straightforward utility allocation.
From an owner-occupant or investor standpoint, the layout provides flexibility. One unit is occupied by a guaranteed-income tenant, while the other unit is vacant and available for touring, giving prospective buyers the ability to evaluate finishes and condition firsthand. With three-bedroom layouts on both sides, the property may be well-suited to tenants seeking additional room, while also allowing buyers to live in one unit and rent the other.
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 | $46.0k | $25.20 |
| − Vacancy | −$2.5k | −$1.39 |
| EGI | $43.4k | $23.81 |
| − OpEx | −$13.0k | −$7.14 |
| NOI | $30.4k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1661552
- Latitude
- 26.1267858
