Duplex Investment with Impact
New
For Sale
$759,900
920 SW 28th St 1-2, Fort Lauderdale, FL 33315
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,153 SF
Price / SF$352.95
Days on Market3
Property Features for 920 SW 28th St 1-2
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RD-15
Bedrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking
4
Security features
Security
Patio and Porch features
Porch
Exterior features
Fence, Security/High Impact Doors, Lighting, Porch
Fencing
Fenced
Subdivision
OAK GROVE
Lot features
Sprinkler System, < 1/4 Acre
Standard status
Active
APN
504221161670
Size
2,153 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
OAK GROVE 27-16 B LOT 6 BLK 5
Tax Annual Amount
10581
Legal Description
OAK GROVE 27-16 B LOT 6 BLK 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Building Details
Year built
1973
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
Better Homes & Gdns RE Fla 1st · Better Homes and Gardens Real Estate
(954) 661-2838
Listed By:
Nicholas Trotz · License #3292568
(954) 661-2838
Added: Jul 30
Last Checked: Aug 1 at 12:06AM
MLS# A12062588
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.
Turn-key duplex investment with a new roof and impact windows/doors, plus central air conditioning in both units. The interior features tile flooring and updated finishes including granite counters and newer cabinetry. Each unit has an open kitchen layout with updated appliances such as dishwashers, microwaves, electric ranges/ovens, and garbage disposals, with the exception that one unit does not include kitchen appliances. The property also includes fenced exterior space and a porch.
The duplex is located at 920 SW 28th St 1-2 in Fort Lauderdale (33315), in Broward County. The exterior is constructed of block, and the roof is shingle. Utilities include public water and public sewer, with cable available.
Positioned for convenience, the property offers quick access to I-95, I-595, and the Turnpike, and is about 5 minutes to Fort Lauderdale–Hollywood International Airport. The surrounding area includes nearby recreation and everyday amenities, with The Fort Pickleball Park reportedly a 3-minute drive and Snyder Park walkable.
The duplex is located at 920 SW 28th St 1-2 in Fort Lauderdale (33315), in Broward County. The exterior is constructed of block, and the roof is shingle. Utilities include public water and public sewer, with cable available.
Positioned for convenience, the property offers quick access to I-95, I-595, and the Turnpike, and is about 5 minutes to Fort Lauderdale–Hollywood International Airport. The surrounding area includes nearby recreation and everyday amenities, with The Fort Pickleball Park reportedly a 3-minute drive and Snyder Park walkable.
Key Highlights
- New roof and all impact windows/doors
- Central air conditioning in both units
- Tile flooring with granite counters and newer cabinetry
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 | $54.3k | $25.20 |
| − Vacancy | −$3.0k | −$1.39 |
| EGI | $51.3k | $23.81 |
| − OpEx | −$15.4k | −$7.14 |
| NOI | $35.9k | $16.67 |
2,153 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$512.7K
$448.6K – $598.2K
NOI $35,890 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$461.9K
$404.1K – $538.8K
NOI $32,330 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,277 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,100
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Turn-key duplex featuring a new roof, impact windows and doors, central AC, and updated tile and finishes.
Where is this duplex located?
The property is located at 920 SW 28th St 1-2 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $759,900.
What are key features of this property?
This property features: New roof and all impact windows/doors; Central air conditioning in both units; Tile flooring with granite counters and newer cabinetry
