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1827 SW 21st St, Fort Lauderdale FL 33315

Multi-family For Sale
$725,000

BTC: 11.32812500

ETH: 415.23482245

7 days
0 room(s)
1,570 sqft

Overview

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 VACANT and move-in ready. Unit 2 is tenant-leased at $2,700/mo through September 2026. Tenants pay ALL utilities. Each unit has its own separate electric & water meter. Stabilized gross income: $64,800/year. Active Short-Term Rental license (through Dec 2026) unlocks serious upside — Unit 1's 6 beds have generated up to $3,000/mo via by-the-bed rentals, fueled by the marina workforce next door. Total monthly income potential: $5,400+. Perfect for investors seeking turn-key ROI or first-time buyers who want to live in one unit and rent the other. 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.

Location

Florida • Fort Lauderdale • 33315 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1959
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$462
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$539,500
$330K – $794K
Confidence Low
List vs. estimate
$185K above estimate
List $725,000 · +34.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$461
+15.6% vs. city median $399
Based on
22 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,228
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Property

    • Exterior Features: Fruit Trees

    Other Property Information

    • Parcel Number: 504216100041

    • Zoning: RD-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $9,228

  • Source details

    • MLS ID: A12026298

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: High Impact Windows / Single Hung Metal

    • Architectural Style: Attached

    • Living Area: 1570

    • Water Source: Municipal Water

    • Subdivision Name: OSCEOLA PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33315
66
median $709K
Active
Same city
Fort Lauderdale
1,041
median $675K
Active
Same type
Multi-family
79
median $985K
Active
Similar price
$507K – $942K
258
median $650K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Caba Real Estate