Income-Producing Duplex in Fort
For Sale
Contact for pricing
800 SE 15th St, Fort Lauderdale, FL 33316
Duplex near airport, port, downtown, and beach.
Property Size1,314 SF
Price / SF$448.25
Days on Market712
Property Features for 800 SE 15th St
General Information
Standard status
Active
Size
1,314 SF
Total Parking Spaces
3
Property subtype
Multifamily
Site & Location
Neighborhood
Hdca
Building Details
Year Built
1964
Stories
1
Units
2
Listing Agency:
Eastside Coast Properties LLC
Listed By:
Edgard Cuenca · License #3022890
(754) 802-1187
Source:
Crexi
Added: Nov 13, 2024
Changed: Oct 25
Last Checked: Oct 24 at 5:23PM
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 Eastside Coast Properties LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This income-producing duplex is located in Fort Lauderdale, minutes from Fort Lauderdale International Airport, Port Everglades, and the Downtown Financial District. The property is approximately 3 miles from Las Olas Beach and is surrounded by a thriving business community. The property offers two units with rental income potential, suitable for tenants working in the business district. The property size is 1314 square feet.
Key Highlights
- Income‑producing duplex providing steady rental income.
- Prime Fort Lauderdale location in a sought‑after area.
- Close proximity to Fort Lauderdale International Airport, Port Everglades, and Downtown Financial District.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,904
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,080
$438.1K
Cap Rate 7%
$312,914
$312.9K
Cap Rate 9%
$243,378
$243.4K
Market Conditions
NOI Build-Up for 1,314 SF
Gross rent
$33.1K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$31.3K $23.81/SF
− OpEx
−$9.4K −$7.14/SF
NOI
$21.9K $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%
$438,080
Cap Rate 7%
$312,914
Cap Rate 9%
$243,378
Alternative Uses
Best Use
Multifamily LT 5
$312.9K
$273.8K – $365.1K
NOI $21,904 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$281.9K
$246.6K – $328.9K
NOI $19,731 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$883.0K
$772.6K – $1.03M
NOI $61,811 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 33316, FL
12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex near airport, port, downtown, and beach.
Where is this duplex located?
The property is located at 800 SE 15th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Income‑producing duplex providing steady rental income.; Prime Fort Lauderdale location in a sought‑after area.; Close proximity to Fort Lauderdale International Airport, Port Everglades, and Downtown Financial District.
