Duplex Income
5401 NE 18th Ave Fort Lauderdale, FL 33334
5401 NE 18th Ave, Fort Lauderdale, FL, 33334
$668,000
For Sale
$668,000
For-sale duplex residential income property located at 5401 NE 18th Ave in Fort Lauderdale.
Property Size2,080 SF
Price / SF$321.15
Days on Market15
Property Features for 5401 NE 18th Ave
General Information
- Standard status
- Active
- Size
- 2,080 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1963
Listing agency
Westview Realty
(305) 303-2828
Listed by
Shun Wong · License #A11982609
(305) 303-2828
Source
Riserealty
Added: Jul 9 Updated: Jul 23 at 3:14AM Checked: Jul 23 at 3:14AM
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 Westview Realty
Investment Insights
Based on property information with market context.
This duplex residential income property is offered for sale and includes two separate units within a single residential building configuration. It is listed with a total property size of 2,080 square feet.
The property is located at 5401 NE 18th Ave in Fort Lauderdale, Florida 33334. As a duplex, it may be well suited for buyers seeking a multi-unit setup within a single asset.
The listing is classified under duplexes, multifamily properties, and residential income properties, reflecting its use as an income-oriented residential structure.
The property is located at 5401 NE 18th Ave in Fort Lauderdale, Florida 33334. As a duplex, it may be well suited for buyers seeking a multi-unit setup within a single asset.
The listing is classified under duplexes, multifamily properties, and residential income properties, reflecting its use as an income-oriented residential structure.
Key Highlights
- Duplex residential income property for sale
- Year built: 1963
- Located at 5401 NE 18th Ave, Fort Lauderdale
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 | $52.4k | $25.20 |
| − Vacancy | −$2.9k | −$1.39 |
| EGI | $49.5k | $23.81 |
| − OpEx | −$14.9k | −$7.14 |
| NOI | $34.7k | $16.67 |
2,080 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$495.3K
$433.4K – $577.9K
NOI $34,673 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$446.2K
$390.4K – $520.6K
NOI $31,234 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,843 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For-sale duplex residential income property located at 5401 NE 18th Ave in Fort Lauderdale.
Where is this duplex located?
The property is located at 5401 NE 18th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $668,000.
What are key features of this property?
This property features: Duplex residential income property for sale; Year built: 1963; Located at 5401 NE 18th Ave, Fort Lauderdale
