1827 SW 21st Street, Fort Lauderdale, FL 33315

$725,000
1,570
SqFt

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List Price
$725,000
MLS#
A12026298
Sq. Ft
1,570
Subtype
Duplex
County
Broward
Subdivision
Osceola Park
Region
3480
Year Built
1959

Property Description

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.

Additional Information

Heating
Central, Electric, Separate Meters
Cooling
Central Air, Electric
Roof
Shingle
Sewer
Public Sewer
Water
Public
Exterior Features
Outdoor Living Area
Parking Spaces
4
Flooring
Laminate, Tile
Construction
Block
Living Area
1,570
Elementary School
Croissant Park
Middle School
New River
High School
Stranahan

Listing courtesy of Caba Real Estate. Contact:

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