Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1125/1127 Andrews Ave Fort Lauderdale, FL 33311

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1125/1127 Andrews Ave Fort Lauderdale, FL 33311

    View on Map
    • Apartment buildings
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1125/1127 Andrews Ave

    Year built
    1977
    Property type
    Apartment buildings
    Property subtype
    Small apartment buildings

    Description

    This exceptional income-producing duplex in desirable Fort Lauderdale, Florida presents a rare investment opportunity. Located at 1125/1127 N Andrews Ave, in Broward County, zip code 33311, this two-story, 1977-built property offers a compelling return on investment. The property boasts two fully renovated units, each equipped with a washer and dryer for tenant convenience. Unit one features two bedrooms and one and a half bathrooms, while unit two provides three bedrooms and two and a half bathrooms. Currently generating a combined monthly income of $6,000, this duplex represents a strong cash flow opportunity. The property's prime location in Fort Lauderdale adds to its appeal, offering easy access to local amenities and attractions. This turnkey investment is ready for immediate occupancy and income generation, making it an ideal addition to any portfolio. Don't miss this chance to acquire a well-maintained, high-performing multifamily property in a thriving Florida market. The property's coordinates are 26.1396359 latitude and -80.1446084 longitude. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1446
    Latitude
    26.1396

    Comparable in this City

    • Value Estimation by Request

      2615 13Th Ct

      Multifamily properties
      2615 13Th Ct, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request
      2,662 SF

      1042 8Th Ave

      Multifamily properties • 2,662 SF
      1042 8Th Ave, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request
      1,722 SF

      1281 30Th Ave

      Multifamily properties • 1,722 SF
      1281 30Th Ave, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request

      2845 13Th Ct

      Multifamily properties
      2845 13Th Ct, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request

      647 3Rd Ave

      Multifamily properties
      647 3Rd Ave, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request

      720 Harris Ter

      Multifamily properties
      720 Harris Ter, Fort Lauderdale, FL 33311
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,500 SF

      Sistrunk Land with Renovation Potential

      Two buildings with apartments on 21,000 SF land.
      1428-1435 NW 6Th St, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing

      Fort Lauderdale Multifamily Investment Opportunity

      Remodeled 8-unit multifamily property with redevelopment potential.
      720 Harris Ter, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing

      Multifamily Investment Opportunity in Fort Lauderdale

      16-unit multifamily property with renovation and income potential.
      1118 NW 31St Ave, Fort Lauderdale, FL 33311
      View Details
    • $2,680,000

      Multifamily Property with Income Potential

      16-unit multifamily property in Fort Lauderdale, Florida.
      821 NW 10Th Ter, Fort Lauderdale, FL 33311
      View Details
    • $1,550,000
      3,648 SF

      Fort Lauderdale Multifamily Value-Add

      8-Unit Apartment Building, High ROI
      426 14Th Ave, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing
      2,570 SF

      Multifamily Property Near Downtown

      Eleven-unit multifamily property near downtown Fort Lauderdale, being sold as-is.
      633 NW 15Th Ave, Fort Lauderdale, FL 33311
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo

      Charming Apartment Near Las Olas

      Two-bedroom apartment in walkable Fort Lauderdale arts district, near downtown.
      730 NW 4Th Ave, Fort Lauderdale, FL 33311
      View Details
    • $1,950 /Mo

      Remodeled Duplex Unit For Rent

      Recently remodeled 2-bedroom unit near Dillard High School.
      1051 NW 27Th Ave, Fort Lauderdale, FL 33311
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1125/1127 Andrews Ave
    Fort Lauderdale, FL 33311
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!