Duplex with In-Unit
5650-5652 Northeast 17th Terrace Fort Lauderdale, FL 33334
5650-5652 Northeast 17th Terrace, Fort Lauderdale, FL, 33334
$800,000
For Sale
$800,000
Duplex offering in-unit washer and dryer, plus a large circular driveway and patio at the front of the property.
Property Size2,734 SF
Price / SF$292.61
Days on Market168
Property Features for 5650-5652 Northeast 17th Terrace
General Information
- Standard status
- Active
- Size
- 2,734 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1973
Listing agency
Decorus Realty LLC
(305) 944-8181
Listed by
Fatima Gonzalez · License #3112330
(305) 944-8181
Source
Compass
Added: Feb 5 Updated: Jul 22 at 12:30AM Checked: Jul 22 at 7:03AM
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 Decorus Realty LLC
Investment Insights
Based on property information with market context.
This duplex property features two units with in-unit washer and dryer. The homes are described as bright, and each has outdoor space that includes a large front circular driveway and patio.
Located at 5650-5652 Northeast 17th Terrace in Fort Lauderdale, the property is positioned in a quiet, well-established residential area. The surrounding area is characterized in the remarks as having a suburban feel with tree-lined streets, and it is described as being close to main roads, beaches, dining, and other urban amenities.
As presented, the property is offered for sale with an investment focus, with its duplex layout and in-unit laundry as key practical features.
Located at 5650-5652 Northeast 17th Terrace in Fort Lauderdale, the property is positioned in a quiet, well-established residential area. The surrounding area is characterized in the remarks as having a suburban feel with tree-lined streets, and it is described as being close to main roads, beaches, dining, and other urban amenities.
As presented, the property is offered for sale with an investment focus, with its duplex layout and in-unit laundry as key practical features.
Key Highlights
- Duplex built in 1973
- In‑unit washer and dryer in each unit
- Large circular driveway at the front of the property
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
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offering in-unit washer and dryer, plus a large circular driveway and patio at the front of the property.
Where is this duplex located?
The property is located at 5650-5652 Northeast 17th Terrace 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‑unit washer and dryer in each unit; Large circular driveway at the front of the property
