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Two-Unit Duplex Investment

532 NW 19th Ave Fort Lauderdale, FL 33311

532 NW 19th Ave, Fort Lauderdale, FL, 33311
Contact for pricing
For Sale
Contact for pricing

Duplex features two 2-bedroom, 1-bath units with separate meters and impact doors and windows.

Property Size1,490 SF
Price / SF$375.84
Days on Market94

Property Features for 532 NW 19th Ave

General Information

Standard status
Active
Size
1,490 SF
Property subtype
Multifamily

Building Details

Year Built
1952
Listing agency My Realty Group, LLC.
Listed by Minor Ruiz · License #3464089
Source Crexi
Added: Apr 20 Updated: Jul 21 at 1:42PM Checked: Jul 22 at 3:19PM

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 My Realty Group, LLC.


Investment Insights

Based on property information with market context.

This for-sale duplex includes two separate units, each configured as a 2-bedroom, 1-bath layout. Both units are currently rented on a month-to-month basis. The property also features impact doors and impact windows, and each unit has its own separate meter.

Located in Fort Lauderdale, the duplex is offered as a residential income property with separate metering between units, supporting independent utility usage for each tenant.

Each unit is set up similarly, with the same bedroom and bathroom configuration, which can simplify leasing and tenant turnover considerations compared with mixed layouts.

Key Highlights

  • Duplex built in 1952 with two 2‑bedroom, 1‑bath units
  • Each unit is rented at $2,100 per month with month‑to‑month tenants
  • Impact doors and windows installed

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 $37.5k $25.20
− Vacancy −$2.1k −$1.39
EGI $35.5k $23.81
− OpEx −$10.6k −$7.14
NOI $24.8k $16.67
1,490 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$354.8K
$310.5K – $414.0K (±1% cap)
NOI $24,838 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$319.6K
$279.7K – $372.9K (±1% cap)
NOI $22,374 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.00M
$876.1K – $1.17M (±1% cap)
NOI $70,090 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Spa & Massage Center Accounting Firm Pharmacy (Bike/Boat/Book/etc) Store Gym & Fitness Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex features two 2-bedroom, 1-bath units with separate meters and impact doors and windows.
Where is this duplex located?
The property is located at 532 NW 19th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Duplex built in 1952 with two 2‑bedroom, 1‑bath units; Each unit is rented at $2,100 per month with month‑to‑month tenants; Impact doors and windows installed
Contact an agent
(786) 487-4419 Call to check price and availability
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