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    1727 21St St Fort Lauderdale, FL 33315

    For Sale
    $750,000

    Two-unit, centrally located duplexes.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents two adjacent, conforming duplexes in Fort Lauderdale, Florida, totaling four units. Each unit boasts an oversized floor plan featuring two bedrooms and two bathrooms, complete with a private laundry room, central air conditioning, a rear patio, hurricane shutters, and a two-car parking space. Built in 1970, these single-story buildings are situated at 1723 and 1727 SW 21st St, zip code 33315, in Broward County. Their prime location offers convenient access to marinas, shipyards, the Port Everglades (MPT), and Fort Lauderdale-Hollywood International Airport. The properties' proximity to these key areas presents a compelling opportunity for conversion into a lucrative yacht crew accommodation business. The asking price for both properties is $750,000. This is a combined sale; both properties must be purchased together.

    Property Features for 1727 21St St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1970
    Stories
    1
    Units
    2

    HighLights

    • $750,000 asking price.
    • Multifamily investment property, consisting of a two‑unit apartment building (duplex).
    • Two bedrooms and two bathrooms in each unit.
    • Built in 1970, one‑story building.
    • Located in Fort Lauderdale, FL (33315), near marinas, shipyards, and Fort Lauderdale airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1638524
    Latitude
    26.0956069

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit, centrally located duplexes.
    Where is this multifamily property located?
    The property is located at 1727 21St St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; Multifamily investment property, consisting of a two-unit apartment building (duplex).; Two bedrooms and two bathrooms in each unit.
    Request Owner's contact information
    1727 21St St Fort Lauderdale, FL 33315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1727 21St St Fort Lauderdale, FL 33315
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