Income-Producing Duplex in Fort
800 SE 15th St Fort Lauderdale, FL 33316
For Sale
Contact for pricing
Duplex near airport, port, downtown, and beach.
Property Size1,314 SF
Price / SF$448.25
Days on Market620
Property Features for 800 SE 15th St
General Information
- Standard status
- Active
- Size
- 1,314 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing Agency:
Eastside Coast Properties LLC
Listed By:
Edgard Cuenca · License #3022890
Source:
Crexi
Added: Nov 13, 2024
Changed: Jul 6
Last Checked: Jul 25 at 2:25PM
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
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 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 | $33.1k | $25.20 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $31.3k | $23.81 |
| − OpEx | −$9.4k | −$7.14 |
| NOI | $21.9k | $16.67 |
1,314 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
USA Grocers
Grocery & Convenience Store
Western Union
Bank
FAQs
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.
