Income-Generating Duplex with
5650-5652 NE 17 TERRACE NE 17th Ter Fort Lauderdale, FL 33334
5650-5652 NE 17 TERRACE NE 17th Ter, Fort Lauderdale, FL, 33334
$800,000
For Sale
$800,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,734 SF
Price / SF$292.61
Days on Market143
Property Features for 5650-5652 NE 17 TERRACE NE 17th Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking
- 4
- Patio and Porch features
- Patio
- Exterior features
- Patio
- Standard status
- Active
- APN
- 494211061760
- Size
- 2,734 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CORAL RIDGE ISLES 45-47 B LOT 22 BLK 10
- Tax Annual Amount
- 15369
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Tile, Flat
Listing agency
Related General Realty, LLC.
(305) 932-6365
Listed by
Fatima Gonzalez · License #3112330
(305) 469-8337
Added: Mar 2 Updated: Jul 18 at 1:39AM Checked: Jul 23 at 12:06AM
MLS# A11974407
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 for-sale duplex is located at 5650-5652 NE 17 Terrace and is positioned as an income-generating residential property. The units are described as bright, and each apartment includes a washer and dryer in-unit for added convenience. Outside, the property features a large front circular driveway and a patio, providing practical outdoor space for residents.
The duplex sits in a quiet, well-established neighborhood within Coral Ridge Isles in Fort Lauderdale. The surrounding area is described as having a suburban feel with quiet, tree-lined streets. The location is also noted as being close to main roads, beaches, dining, and other urban amenities, which can support everyday accessibility for tenants.
For buyers and operators looking for a duplex configuration with desirable resident in-unit laundry, this property presents a straightforward option. The combination of in-unit washer and dryer, outdoor patio space, and a prominent circular driveway may appeal to tenants who value convenience and usable exterior space. As listed, it is offered for sale with an asking price of $800,000.
The duplex sits in a quiet, well-established neighborhood within Coral Ridge Isles in Fort Lauderdale. The surrounding area is described as having a suburban feel with quiet, tree-lined streets. The location is also noted as being close to main roads, beaches, dining, and other urban amenities, which can support everyday accessibility for tenants.
For buyers and operators looking for a duplex configuration with desirable resident in-unit laundry, this property presents a straightforward option. The combination of in-unit washer and dryer, outdoor patio space, and a prominent circular driveway may appeal to tenants who value convenience and usable exterior space. As listed, it is offered for sale with an asking price of $800,000.
Key Highlights
- Duplex built in 1973 in Coral Ridge Isles, Fort Lauderdale
- Central air cooling and tile ceramic flooring throughout
- Block construction with a mix of tile and flat roof materials
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 | $68.9k | $25.20 |
| − Vacancy | −$3.8k | −$1.39 |
| EGI | $65.1k | $23.81 |
| − OpEx | −$19.5k | −$7.14 |
| NOI | $45.6k | $16.67 |
2,734 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$651.1K
$569.7K – $759.6K
NOI $45,575 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$586.5K
$513.2K – $684.3K
NOI $41,055 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,607 @ 7.0% cap · market cap 16.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offers in-unit washer and dryer, plus patio and a large circular driveway in a quiet Coral Ridge Isles area.
Where is this duplex located?
The property is located at 5650-5652 NE 17 TERRACE NE 17th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Duplex built in 1973 in Coral Ridge Isles, Fort Lauderdale; Central air cooling and tile ceramic flooring throughout; Block construction with a mix of tile and flat roof materials
