Duplex with Impact Doors and
For Sale
$540,000
532 NW 19th Ave, Fort Lauderdale, FL 33311
Residential Income, Fort Lauderdale, FL
Property Size1,490 SF
Price / SF$362.42
Days on Market48
Property Features for 532 NW 19th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RS-8
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Parking
4
Subdivision
DORSEY PARK 4TH ADD
Lot features
1/4 to 1/2 Acre Lot
Standard status
Active
APN
504204270050
Size
1,490 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
DORSEY PARK 4TH ADD 25-26 B LOT 5 BLK 19
Tax Annual Amount
8702
Legal Description
DORSEY PARK 4TH ADD 25-26 B LOT 5 BLK 19
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1952
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Tar/Gravel
Listing Agency:
Realty One Group Royal Oaks
(305) 456-6540
Listed By:
Minor Ruiz · License #3464089
(786) 487-4419
Added: Jul 7
Changed: Aug 19
Last Checked: Aug 23 at 7:06PM
MLS# A12004729
Copyright © 2026 Miami REALTORS®. 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 duplex at 532 NW 19th Ave in Fort Lauderdale offers two separate residential units. Each unit has a two-bedroom, one-bath layout, and both sides are described as having impact doors and windows. The property uses separate meters for the units, supporting independent utility tracking.
The building is constructed with block materials and features tile flooring. Cooling is provided via wall/window units. The roof is tar/gravel, and the property is served by public sewer. Cable service is available.
According to the current tenancy description, each unit is rented to month-to-month tenants. The property was built in 1952.
The building is constructed with block materials and features tile flooring. Cooling is provided via wall/window units. The roof is tar/gravel, and the property is served by public sewer. Cable service is available.
According to the current tenancy description, each unit is rented to month-to-month tenants. The property was built in 1952.
Key Highlights
- Two separate units in a Fort Lauderdale duplex, built in 1952
- Impact doors and windows on both units
- Two‑bedroom, one‑bath layout per unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,838
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$496,760
$496.8K
Cap Rate 7%
$354,829
$354.8K
Cap Rate 9%
$275,978
$276.0K
Market Conditions
NOI Build-Up for 1,490 SF
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.
Gross rent
$37.5K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$35.5K $23.81/SF
− OpEx
−$10.6K −$7.14/SF
NOI
$24.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$496,760
Cap Rate 7%
$354,829
Cap Rate 9%
$275,978
Alternative Uses
Best Use
Multifamily LT 5
$354.8K
$310.5K – $414.0K
NOI $24,838 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$319.6K
$279.7K – $372.9K
NOI $22,374 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$1.00M
$876.1K – $1.17M
NOI $70,090 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each unit is a two-bedroom, one-bath setup with separate meters and wall or window A/C.
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 $540,000.
What are key features of this property?
This property features: Two separate units in a Fort Lauderdale duplex, built in 1952; Impact doors and windows on both units; Two‑bedroom, one‑bath layout per unit
