Interior
- Bathrooms
- 0
- Living area
- 1,570 sq ft
Active · Duplex
$679,000
1827 SW 21st St, Fort Lauderdale, FL 33315
- Beds
- —
- Baths
- 0
- Living area
- 1,570 sq ft
- $ / sq ft
- $432/sq ft
- Year built
- 1959
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Renovated duplex in Fort Lauderdale's coveted River Oaks neighborhood — just ONE block from Safe Harbour Lauderdale Marina, 5 blocks from I-95, 10 min to FLL Airport & 15 min to the beach. This 1,570 SF property offers 2 bed/1 bath per unit with a complete 2024–2025 gut renovation: all-new kitchens, bathrooms, plumbing, electrical, impact windows & doors, and roof. Original terrazzo floors and C.B. Stucco construction built to last. Unit 1 is tenant-leased at $3,900/mo. Unit 2 is tenant-leased at $2,700/mo through September 2027. Tenants pay ALL utilities. Each unit has its own separate electric & water meter. Stabilized gross income: $79,200/year. Perfect for investors seeking turn-key ROI. The surrounding area is actively gentrifying — older properties replaced by modern 2-story homes and townhome-style duplexes, driving strong land value appreciation. Rare income-producing gem in one of Fort Lauderdale's most strategic locations.
Property location
Get Directions1827 SW 21st St, Fort Lauderdale, FL 33315
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1959
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- A12026298
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$466
- Cap rate
- 4.9%
- Net yield
- 4.9%
- Cash-on-cash return
- -2.9%
- Gross yield
- 8.3%
- Mortgage payment
- $3,219/mo
- Down payment
- $169,750
- Loan amount
- $509,250
- Annual NOI
- $33,030
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.