Two Duplexes Packaged
925 W Las Olas Boulevard Fort Lauderdale, FL 33312
New
For Sale
$1,485,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size3,212 SF
Lot Size0.30 Acres
Price / SF$462.33
Days on Market2
Property Features for 925 W Las Olas Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RML-25
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 1
- Patio and Porch features
- Porch, Patio
- Pets allowed
- No, Yes
- Exterior features
- Courtyard, Garden
- Standard status
- Active
- APN
- 504209091431
- Size
- 3,212 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WAVERLY PLACE 2-19 D LOTS 13,14 & S1/2 VAC ALLEY LYING N OF SAID LOTS BLK 113
- Tax Annual Amount
- 9202
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
- 1955
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- CBS
- Roof type
- Composition, Shingle
Listing Agency:
Compass Florida LLC
(561) 285-4794
Listed By:
Dominic Posocco · License #3441361
(610) 295-9127
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 8:06AM
MLS# B26056196
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 duplex package combines two income-producing multifamily assets at 923 and 925 W Las Olas Boulevard. The offering is presented as one transaction and includes fully entitled and approved redevelopment approvals, along with development plans for the parcels.
The properties are located directly on Las Olas Boulevard in Fort Lauderdale, within the Sailboat Bend area.
The package is positioned to provide in-place rental income and also offers additional options tied to the approved redevelopment plans.
The properties are located directly on Las Olas Boulevard in Fort Lauderdale, within the Sailboat Bend area.
The package is positioned to provide in-place rental income and also offers additional options tied to the approved redevelopment plans.
Key Highlights
- Two income‑producing multifamily assets packaged together: 923 & 925 W Las Olas Blvd, directly on Las Olas Boulevard in Downtown FTL.
- Parcels are fully entitled and approved for redevelopment, including a full set of development plans.
- Buildings built in 1955 with CBS construction materials.
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 | $80.9k | $25.20 |
| − Vacancy | −$4.5k | −$1.39 |
| EGI | $76.5k | $23.81 |
| − OpEx | −$22.9k | −$7.14 |
| NOI | $53.5k | $16.67 |
3,212 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$764.9K
$669.3K – $892.4K
NOI $53,543 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$689.0K
$602.9K – $803.9K
NOI $48,232 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,092 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - For sale package includes two duplexes on Las Olas Boulevard, with fully entitled redevelopment plans.
Where is this duplex located?
The property is located at 925 W Las Olas Boulevard Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Two income‑producing multifamily assets packaged together: 923 & 925 W Las Olas Blvd, directly on Las Olas Boulevard in Downtown FTL.; Parcels are fully entitled and approved for redevelopment, including a full set of development plans.; Buildings built in 1955 with CBS construction materials.
