Triplex with Covered
For Sale
$924,000
513 SW 17th Street, Fort Lauderdale, FL 33315
Residential Income, Fort Lauderdale, FL
Property Size2,128 SF
Price / SF$434.21
Days on Market17
Property Features for 513 SW 17th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RD-15
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Window features
Blinds
Patio and Porch features
Patio
Pets allowed
Yes, No
Fencing
Fenced
Subdivision
Lauderdale 2-9 D
Lot features
Room for Pool
Elementary school
Croissant Park
Middle school
New River
High school
Stranahan
Directions
From the Beach, 17th St Causeway west to 513 SW 17th St OR Davie Blvd to SW 4th Ave south to SW 513 SW 17th St.
Standard status
Active
APN
504215014010
Size
2,128 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
LAUDERDALE 2-9 D LOT 18,19 E 21 BLK 69
Tax Annual Amount
12202
Legal Description
LAUDERDALE 2-9 D LOT 18,19 E 21 BLK 69
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s), Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
Florida room
sunroom
shared backyard
tropical landscaping
Building Details
Year built
1952
Floors in Building
1
Number of units
3
Flooring type
Wood, Tile
Building materials
Block
Roof type
Wood, Shingle
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Jason Litt · License #3379489
(561) 860-7637
Added: Sep 21
Changed: Oct 6
Last Checked: Oct 7 at 10:06AM
MLS# B26079030
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 2,128-square-foot, single-story triplex contains three residences totaling 4 bedrooms and 4 bathrooms. The largest unit has a 2-bedroom, 2-bathroom plan, an open living, dining, and kitchen area, plus a Florida room and sunroom. The other two units each have 1 bedroom and 1 bathroom; one is vacant. Unit 1 and Unit 2 can connect through the primary bedroom. The property may be conveyed furnished or unfurnished.
Built in 1952, the block-constructed property has tile and wood flooring, a fenced backyard, patio, and mature landscaping. Unit 1 and Unit 2 each have a covered carport, and the listing also describes driveway access. RD-15 zoning, public water, public sewer, and cable availability are noted.
Built in 1952, the block-constructed property has tile and wood flooring, a fenced backyard, patio, and mature landscaping. Unit 1 and Unit 2 each have a covered carport, and the listing also describes driveway access. RD-15 zoning, public water, public sewer, and cable availability are noted.
Key Highlights
- Three separate units with a combined 4 bedrooms and 4 bathrooms
- 2,128 square feet across a single‑story triplex
- Unit mix: one 2‑bedroom, 2‑bathroom residence and two 1‑bedroom, 1‑bathroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,473
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,460
$709.5K
Cap Rate 7%
$506,757
$506.8K
Cap Rate 9%
$394,144
$394.1K
Market Conditions
NOI Build-Up for 2,128 SF
Gross rent
$53.6K $25.20/SF
− Vacancy
−$2.9K −$1.39/SF
EGI
$50.7K $23.81/SF
− OpEx
−$15.2K −$7.14/SF
NOI
$35.5K $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%
$709,460
Cap Rate 7%
$506,757
Cap Rate 9%
$394,144
Alternative Uses
Best Use
Multifamily LT 5
$506.8K
$443.4K – $591.2K
NOI $35,473 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$456.5K
$399.4K – $532.6K
NOI $31,955 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,101 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,749
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences provide a combined four-bedroom, four-bathroom configuration, with furnished or unfurnished sale options.
Where is this triplex located?
The property is located at 513 SW 17th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $924,000.
What are key features of this property?
This property features: Three separate units with a combined 4 bedrooms and 4 bathrooms; 2,128 square feet across a single‑story triplex; Unit mix: one 2‑bedroom, 2‑bathroom residence and two 1‑bedroom, 1‑bathroom residences
