Newer Duplex with Private
For Sale
$2,200,000
606-608 Sw 7th Avenue, Fort Lauderdale, FL 33315
Both residences are occupied under leases extending through 2027.
Property Size4,790 SF
Price / SF$493.72
Days on Market12
Property Features for 606-608 Sw 7th Avenue
General Information
Standard status
Active
Size
4,790 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Trca
Taxes and HOA fees
Annual Taxes
$4,919
Amenities
Concrete,Ceramic Tile,Marble,Tile,Vinyl,Wood
true
2
Blinds,Sliding,Storm Window(s)
Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room,Upper Level
Back Yard,Fenced,Wood
Interior Lot,< 1/4 Acre
Multiple Meters,Public
6500
3
0.15
false
Asphalt,Paved
Lighting
City Street
4790
Public Maintained Road
Building Details
Building Size
4,790 SF
Year Built
2025
Stories
2
Listing Agency:
(772) 888-1826
Listed By:
Kevin Burlace
Source:
Floridarealestatenavigators
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:29PM
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 Kevin Burlace
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2025, this 4,456-square-foot duplex contains two townhome-style residences. Each offers three bedrooms, three-and-a-half bathrooms, ensuite bedrooms, a private pool, fenced yard, one-car garage, covered patio, and laundry area. Interior details include modern kitchens, impact windows and doors, and a mix of tile, marble, vinyl, and wood flooring.
The property is in Fort Lauderdale’s Tarpon River area, near Downtown, Las Olas, the New River, highways, and the airport. Both units are tenant occupied under leases that extend through 2027, and those agreements remain in effect after closing.
The property is in Fort Lauderdale’s Tarpon River area, near Downtown, Las Olas, the New River, highways, and the airport. Both units are tenant occupied under leases that extend through 2027, and those agreements remain in effect after closing.
Key Highlights
- 4,456‑square‑foot duplex built in 2025
- Two townhome‑style residences, each with 3 bedrooms and 3.5 bathrooms
- Private pool, fenced yard, and one‑car garage at each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,281
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,485,620
$1.5M
Cap Rate 7%
$1,061,157
$1.1M
Cap Rate 9%
$825,344
$825.3K
Market Conditions
NOI Build-Up for 4,456 SF
Gross rent
$112.3K $25.20/SF
− Vacancy
−$6.2K −$1.39/SF
EGI
$106.1K $23.81/SF
− OpEx
−$31.8K −$7.14/SF
NOI
$74.3K $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 Rate 5%
$1,485,620
Cap Rate 7%
$1,061,157
Cap Rate 9%
$825,344
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$928.5K – $1.24M
NOI $74,281 @ 7.0% cap · market cap 3.38%
Second Best
Apartment 5plus
$955.9K
$836.4K – $1.12M
NOI $66,913 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$2.99M
$2.62M – $3.49M
NOI $209,610 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
7,403
Businesses Nearby
Explore this area
Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied under leases extending through 2027.
Where is this duplex located?
The property is located at 606-608 Sw 7th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 4,456‑square‑foot duplex built in 2025; Two townhome‑style residences, each with 3 bedrooms and 3.5 bathrooms; Private pool, fenced yard, and one‑car garage at each residence
