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    542 27Th Ter Fort Lauderdale, FL 33312

    For Sale
    $480,000

    Charming 2-unit duplex, updated, great income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a charming, two-unit duplex located in the desirable Fort Lauderdale, Florida area, at 542 SW 27th Ter, zip code 33312. Built in 1958, this single-story building offers two identical units, each thoughtfully updated for modern living. A key feature enhancing both safety and value is the installation of hurricane impact windows throughout. The property's central location provides tenants with convenient access to a wide array of amenities, including shopping centers, diverse dining options, and efficient public transportation networks. Adding to its investment appeal, both units are currently leased and approved for Section 8 housing, ensuring a consistent and positive cash flow for the owner. This duplex represents a compelling blend of modern updates, a strategic location within a thriving community, and a proven track record of generating rental income, making it an ideal addition to any investment portfolio. The asking price for this property is $480,000.

    Property Features for 542 27Th Ter

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1958
    Stories
    1
    Units
    2

    HighLights

    • $480,000 asking price.
    • Fort Lauderdale, FL multifamily investment property.
    • Two‑unit duplex, built in 1958.
    • Both units are updated and feature hurricane impact windows.
    • Currently leased with Section 8 tenants, generating positive cash flow.
    • Excellent location near shopping, dining, and public transportation.
    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
    -80.1786064
    Latitude
    26.1142157

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    FAQs

    What type of property is this?
    Multifamily property - Charming 2-unit duplex, updated, great income.
    Where is this multifamily property located?
    The property is located at 542 27Th Ter Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: $480,000 asking price.; Fort Lauderdale, FL multifamily investment property.; Two-unit duplex, built in 1958.
    Request Owner's contact information
    542 27Th Ter Fort Lauderdale, FL 33312
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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
    542 27Th Ter Fort Lauderdale, FL 33312
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