Updated Furnished
For Sale
$740,000
801 SW 10th Street, Fort Lauderdale, FL 33315
Residential Income, Fort Lauderdale, FL
Property Size1,320 SF
Lot Size0.16 Acres
Price / SF$560.61
Days on Market89
Property Features for 801 SW 10th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-15
Bedrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3
Window features
Blinds
Patio and Porch features
Porch, Patio, Deck
Pets allowed
Yes, No
Exterior features
Garden, Lighting
Fencing
Fenced
Subdivision
CROISSANT PARK RIVER SEC
Lot features
Fruit Tree(s), Room for Pool
Elementary school
Croissant Park
Middle school
New River
High school
Stranahan
Standard status
Active
APN
504215190460
Size
1,320 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CROISSANT PARK RIVER SEC 7-50 B LOT 35 BLK 11
Tax Annual Amount
9328
Legal Description
CROISSANT PARK RIVER SEC 7-50 B LOT 35 BLK 11
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Central
Cooling system
Ceiling Fan(s), Heat Pump, Ductless, Wall/Window Unit(s), Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Wood, Tile, Laminate
Building materials
Block, Stucco
Roof type
Composition
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Edward Gurovich · License #3367861
(954) 667-8487
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 29 at 5:06PM
MLS# B26035777
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.
Investment Insights
Based on property information with market context.
This 1,320-square-foot duplex sits on a 0.16-acre corner lot and includes two separately accessed residences: one with 2 bedrooms and 2 bathrooms, and another with 1 bedroom and 1 bathroom. The property is furnished and includes contemporary updates, fenced outdoor areas, a porch, deck, patio, garden, and exterior lighting. Interior finishes include laminate, ceramic tile, tile, and wood flooring, with central and supplemental heating and cooling systems.
Located in Fort Lauderdale’s Tarpon River area, the property provides access to Las Olas, downtown, beaches, marinas, dining, shopping, parks, highways, Fort Lauderdale-Hollywood International Airport, and the cruise port. Public water and public sewer serve the site. RD-15 zoning is identified for development of up to two 3,000-square-foot dwellings.
Located in Fort Lauderdale’s Tarpon River area, the property provides access to Las Olas, downtown, beaches, marinas, dining, shopping, parks, highways, Fort Lauderdale-Hollywood International Airport, and the cruise port. Public water and public sewer serve the site. RD-15 zoning is identified for development of up to two 3,000-square-foot dwellings.
Key Highlights
- Duplex on a 0.16‑acre corner lot
- 1,320 square feet with 2BR/2BA and 1BR/1BA units
- RD‑15 zoning with development up to 2x 3,000 sqft dwellings
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$440,080
$440.1K
Cap Rate 7%
$314,343
$314.3K
Cap Rate 9%
$244,489
$244.5K
Market Conditions
NOI Build-Up for 1,320 SF
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.
Gross rent
$33.3K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$31.4K $23.81/SF
− OpEx
−$9.4K −$7.14/SF
NOI
$22.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$440,080
Cap Rate 7%
$314,343
Cap Rate 9%
$244,489
Alternative Uses
Best Use
Multifamily LT 5
$314.3K
$275.1K – $366.7K
NOI $22,004 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$887.0K
$776.2K – $1.03M
NOI $62,093 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,945
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately accessed units with furnished interiors, outdoor areas, and public water and sewer service.
Where is this duplex located?
The property is located at 801 SW 10th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Duplex on a 0.16‑acre corner lot; 1,320 square feet with 2BR/2BA and 1BR/1BA units; RD‑15 zoning with development up to 2x 3,000 sqft dwellings
