Corner-Lot
800 NW 16TH Avenue, Fort Lauderdale, FL 33311
For Sale
$480,000
Residential Income, Fort Lauderdale, FL
Property Size1,567 SF
Lot Size0.11 Acres
Price / SF$306.32
Days on Market57
Property Features for 800 NW 16TH Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Pets allowed
Fencing
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Water source
Amenities
separate laundry room
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Allstar Realty Inc
Listed By:
William M McLaren Jr · License FL #3009266
(954) 530-7118
Added: Sep 15
Changed: Oct 31
Last Checked: Nov 10 at 11:06AM
MLS# B26076363
Copyright © 2026 BeachesMLS. 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 1,567-square-foot duplex on a 0.11-acre corner lot contains two residential units, each arranged with two bedrooms. Both units are currently occupied by long-term tenants under month-to-month leases. A separate laundry room serves the property, while engineered flooring, chain-link fencing, CBS construction, and a shingle and composition roof are among the existing improvements. The building was constructed in 1971 and is within the RD-15 zoning designation.
Located at 800 NW 16th Avenue in Fort Lauderdale, the property is served by public water and public sewer, with cable available. The surrounding area includes nearby new construction. Its duplex configuration and existing occupancy provide a defined residential income property format.
Located at 800 NW 16th Avenue in Fort Lauderdale, the property is served by public water and public sewer, with cable available. The surrounding area includes nearby new construction. Its duplex configuration and existing occupancy provide a defined residential income property format.
Key Highlights
- Two‑unit duplex on a 0.11‑acre corner lot
- 1,567 square feet with two bedrooms in each unit
- Both units currently rented to long‑term tenants on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,122
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,440
$522.4K
Cap Rate 7%
$373,171
$373.2K
Cap Rate 9%
$290,244
$290.2K
Market Conditions
NOI Build-Up for 1,567 SF
Gross rent
$39.5K $25.20/SF
− Vacancy
−$2.2K −$1.39/SF
EGI
$37.3K $23.81/SF
− OpEx
−$11.2K −$7.14/SF
NOI
$26.1K $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%
$522,440
Cap Rate 7%
$373,171
Cap Rate 9%
$290,244
Alternative Uses
Best Use
Multifamily LT 5
$373.2K
$326.5K – $435.4K
NOI $26,122 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$336.2K
$294.1K – $392.2K
NOI $23,531 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.05M
$921.4K – $1.23M
NOI $73,712 @ 7.0% cap · market cap 15.36%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
956
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Lauderdale, FL
Properties on Market for Duplexes in Fort Lauderdale
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences with month-to-month leases and a separate laundry room provide a straightforward multifamily configuration.
Where is this duplex located?
The property is located at 800 NW 16TH Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two‑unit duplex on a 0.11‑acre corner lot; 1,567 square feet with two bedrooms in each unit; Both units currently rented to long‑term tenants on month‑to‑month leases
