Renovated
For Sale
$729,000
4681-4685 SW 43rd Terrace, Fort Lauderdale, FL 33314
Two separate residences offer private fenced yards, laundry, and separately metered utilities.
Property Size2,218 SF
Price / SF$328.67
Days on Market142
Property Features for 4681-4685 SW 43rd Terrace
General Information
Standard status
Active
Size
2,218 SF
Property subtype
Duplex
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$12,076
Building Details
Building Size
2,218 SF
Year Built
1970
Buildings
1
Listing Agency:
Compass Florida, LLC
Listed By:
Daniella Esperanza Cohen · License #3366510
(754) 235-6609
Source:
Irgflorida
Added: Jun 9
Changed: Oct 26
Last Checked: Oct 26 at 3:46PM
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 Compass Florida, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,218 square feet across two units, with four bedrooms and two full bathrooms in total, divided evenly between the residences. Renovated interiors include recessed lighting and generous living areas. Each unit has its own fenced backyard, laundry, and utility meters; one also has a carport. The property was built in 1970, and the lot is described as large.
One unit is leased for $2,750 per month. The other is available for income or owner occupancy. There is no HOA or rental restriction, and street parking is available. The property is minutes from Hard Rock, Fort Lauderdale Airport, Dania Pointe, major highways, restaurants, and shopping.
One unit is leased for $2,750 per month. The other is available for income or owner occupancy. There is no HOA or rental restriction, and street parking is available. The property is minutes from Hard Rock, Fort Lauderdale Airport, Dania Pointe, major highways, restaurants, and shopping.
Key Highlights
- Two‑unit duplex with four bedrooms and two full bathrooms total
- 2,218 square feet; built in 1970
- Each residence has a private fenced backyard, laundry, and separate utility meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,974
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,480
$739.5K
Cap Rate 7%
$528,200
$528.2K
Cap Rate 9%
$410,822
$410.8K
Market Conditions
NOI Build-Up for 2,218 SF
Gross rent
$55.9K $25.20/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$52.8K $23.81/SF
− OpEx
−$15.8K −$7.14/SF
NOI
$37.0K $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%
$739,480
Cap Rate 7%
$528,200
Cap Rate 9%
$410,822
Alternative Uses
Best Use
Multifamily LT 5
$528.2K
$462.2K – $616.2K
NOI $36,974 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$475.8K
$416.3K – $555.1K
NOI $33,306 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,335 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,336
Businesses Nearby
Explore this area
Business Placement
Demographics for 33314, FL
30,248
Population
12,041
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
3,437
Density / Sq Mi
$63,791
Median Household Income
$36,733
Median Earnings
$2,034
Median Rent
$347,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private fenced yards, laundry, and separately metered utilities.
Where is this duplex located?
The property is located at 4681-4685 SW 43rd Terrace Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Two‑unit duplex with four bedrooms and two full bathrooms total; 2,218 square feet; built in 1970; Each residence has a private fenced backyard, laundry, and separate utility meter
