1016 6Th Ave, Fort Lauderdale, FL 33311
This exceptional one-story duplex in desirable Fort Lauderdale, Florida, presents a compelling investment opportunity. Built in 1985, the property is located at 1016 NW 6th Ave, Fort Lauderdale, FL 33311, in Broward County. The asking price is $550,000. This multifamily property, classified as an apartment building and specifically a duplex/triplex/quadruplex, offers significant potential for rental income generation. Its location within Fort Lauderdale ensures strong tenant demand and potential for future property value appreciation. The property's single-story design simplifies maintenance and management. Investors seeking a stable, income-producing asset in a thriving market will find this duplex an attractive addition to their portfolio. The property's precise configuration (duplex, triplex, or quad) is not specified, but its classification suggests multiple units. This presents a chance to capitalize on the robust rental market in Fort Lauderdale. Further due diligence is recommended to fully assess the property's income potential and operational characteristics. The property's geographic coordinates are 26.1373633 latitude and -80.1497089 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.