Turnkey Income
630 NE 15th Ct Fort Lauderdale, FL 33304
New
For Sale
$510,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,306 SF
Price / SF$390.51
Days on Market3
Property Features for 630 NE 15th Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking
4
Exterior features
Fence
Fencing
Fenced
Standard status
Active
APN
494235250040
Size
1,306 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CASPER SUB 25-32 B LOT 3 E 10,4
Tax Annual Amount
9467
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1979
Floors in Building
1
Flooring type
Tile
Building materials
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
Last Checked: Jul 30 at 6:06AM
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.
Investment Insights
Based on property information with market context.
This turnkey duplex features two separate 1-bedroom, 1-bathroom units, each with updated kitchens and bathrooms. Both units include in-unit washer and dryer, private yard space, and two dedicated parking spaces. The duplex has separate water and electric meters for each unit.
One unit is tenant-occupied on a month-to-month basis, and the other unit has a lease in place that ends in November 2026.
The property is offered for sale as a completed income-producing duplex configuration with existing tenants and in-place utility separation.
One unit is tenant-occupied on a month-to-month basis, and the other unit has a lease in place that ends in November 2026.
The property is offered for sale as a completed income-producing duplex configuration with existing tenants and in-place utility separation.
Key Highlights
- Turnkey income‑producing duplex with two 1‑bedroom, 1‑bathroom units
- Both units are rented at $1,750 per month; one is month‑to‑month and the other lease ends November 2026
- Each unit has updated kitchen and bathroom, plus in‑unit washer and dryer
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 | $32.9k | $25.20 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $31.1k | $23.81 |
| − OpEx | −$9.3k | −$7.14 |
| NOI | $21.8k | $16.67 |
1,306 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$311.0K
$272.1K – $362.9K
NOI $21,771 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$280.2K
$245.1K – $326.9K
NOI $19,611 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$877.6K
$767.9K – $1.02M
NOI $61,434 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex with two 1-bedroom, 1-bath units, updated interiors, private yard space, and dedicated parking.
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 $510,000.
What are key features of this property?
This property features: Turnkey income‑producing duplex with two 1‑bedroom, 1‑bathroom units; Both units are rented at $1,750 per month; one is month‑to‑month and the other lease ends November 2026; Each unit has updated kitchen and bathroom, plus in‑unit washer and dryer
