Residential Income Quadplex
837 NE 17th Avenue Fort Lauderdale, FL 33304
837 NE 17th Avenue, Fort Lauderdale, FL, 33304
$975,000
Pending
For Sale
$975,000
Pending
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,316 SF
Lot Size0.15 Acres
Days on Market32
Property Features for 837 NE 17th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMM-25
- Bedrooms
- 4
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 3
- Window features
- Blinds
- Pets allowed
- No, Yes
- Standard status
- Pending
- APN
- 494234060220
- Size
- 2,316 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PROGRESSO 2-18 D LOT 3 BLK 240
- Tax Annual Amount
- 17371
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Composition, Flat
Listing agency
The Keyes Company
(954) 467-0105
Listed by
Gary Banas, PA · License #3579871
(954) 668-4044
Added: Jun 22 Updated: Jul 12 at 4:38PM Checked: Jul 23 at 9:06AM
MLS# B26045999
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 for-sale residential income quadplex is configured as a multifamily property with a total size of 2,316 square feet on a 0.15-acre lot. The offering is categorized as a quadplex, making it a fit for buyers seeking a four-unit ownership structure within a compact footprint.
The property is located at 837 NE 17th Avenue in Fort Lauderdale, Florida 33304, in Broward County. Zoning is listed as RMM-25, which is a key consideration for evaluating permitted uses and operating plans under the local land-use framework.
As a four-unit residential income asset, the quadplex format may appeal to owner-occupants and investors looking for a smaller-scale multifamily holding. Buyers can use the stated zoning designation and on-site unit configuration to underwrite occupancy and operating strategy, while confirming all details directly for their intended use. The property’s compact lot size and multifamily structure support practical management for tenants in a single building setting.
The property is located at 837 NE 17th Avenue in Fort Lauderdale, Florida 33304, in Broward County. Zoning is listed as RMM-25, which is a key consideration for evaluating permitted uses and operating plans under the local land-use framework.
As a four-unit residential income asset, the quadplex format may appeal to owner-occupants and investors looking for a smaller-scale multifamily holding. Buyers can use the stated zoning designation and on-site unit configuration to underwrite occupancy and operating strategy, while confirming all details directly for their intended use. The property’s compact lot size and multifamily structure support practical management for tenants in a single building setting.
Key Highlights
- Block construction
- Tile flooring
- Central heating with central air cooling and ceiling fans
Local 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 | $58.4k | $25.20 |
| − Vacancy | −$3.2k | −$1.39 |
| EGI | $55.2k | $23.81 |
| − OpEx | −$16.5k | −$7.14 |
| NOI | $38.6k | $16.67 |
2,316 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$551.5K
$482.6K – $643.5K
NOI $38,607 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$496.8K
$434.7K – $579.6K
NOI $34,778 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $108,945 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four-unit residential income property in Fort Lauderdale with RMM-25 zoning.
Where is this quadplex located?
The property is located at 837 NE 17th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Block construction; Tile flooring; Central heating with central air cooling and ceiling fans
