Updated Two-Unit
For Sale
$499,000
630 NE 15th Ct, Fort Lauderdale, FL 33304
Residential Income, Fort Lauderdale, FL
Property Size1,306 SF
Price / SF$382.08
Days on Market93
Property Features for 630 NE 15th Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RS-8
Bedrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Parking
4
Exterior features
Fence
Fencing
Fenced
Subdivision
CASPER SUB
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
494235250040
Size
1,306 SF
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
water, electricity
Taxes and HOA fees
Tax Year
2025
Tax Description
CASPER SUB 25-32 B LOT 3 E 10,4
Tax Annual Amount
9467
Legal Description
CASPER SUB 25-32 B LOT 3 E 10,4
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
updated kitchens and bathrooms
impact windows
in-unit washer and dryer
private yard space
Building Details
Year built
1979
Floors in Building
1
Flooring type
Tile
Building materials
CBS (Concrete Block Structure), Block
Roof type
Shingle
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Jeffrey Mathurin · License #3262270
(954) 798-6681
Added: Jul 28
Changed: Oct 26
Last Checked: Oct 28 at 10:06PM
MLS# A11976190
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.
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Investment Insights
Based on property information with market context.
This 1,306-square-foot duplex contains two one-bedroom, one-bathroom units. Both residences have updated kitchens and bathrooms, impact windows, in-unit washers and dryers, and private yard areas. Each unit also has two dedicated parking spaces, with water and electric service separately metered.
Built in 1979, the property has concrete block construction, tile flooring, central heating and air conditioning, a shingle roof, and fenced outdoor space. Public sewer serves the property. The two units have different lease arrangements: one tenancy is month to month, while the other lease runs through 10/31/26.
Built in 1979, the property has concrete block construction, tile flooring, central heating and air conditioning, a shingle roof, and fenced outdoor space. Public sewer serves the property. The two units have different lease arrangements: one tenancy is month to month, while the other lease runs through 10/31/26.
Key Highlights
- Two one‑bedroom, one‑bathroom units
- 1,306 square feet; built in 1979
- Updated kitchens and bathrooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,771
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,420
$435.4K
Cap Rate 7%
$311,014
$311.0K
Cap Rate 9%
$241,900
$241.9K
Market Conditions
NOI Build-Up for 1,306 SF
Gross rent
$32.9K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$31.1K $23.81/SF
− OpEx
−$9.3K −$7.14/SF
NOI
$21.8K $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 Rate 5%
$435,420
Cap Rate 7%
$311,014
Cap Rate 9%
$241,900
Alternative Uses
Best Use
Multifamily LT 5
$311.0K
$272.1K – $362.9K
NOI $21,771 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$280.2K
$245.1K – $326.9K
NOI $19,611 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$877.6K
$767.9K – $1.02M
NOI $61,434 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
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Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility meters and private outdoor areas support distinct living spaces for both residences.
Where is this duplex located?
The property is located at 630 NE 15th Ct Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units; 1,306 square feet; built in 1979; Updated kitchens and bathrooms in both units
