$875,000
$100K PRICE DROP

1840 SW 24th St Unit 1-2 Fort Lauderdale, FL 33315

River Oaks Neighborhood

Estimated payment $5,707/month

Total Views 1,665
-- Bed
-- Bath
1,912 Sq Ft
$458 Price per Sq Ft

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • 2-minute walk to Esterre Davis Wright Park
  • Ceramic Tile Flooring
  • Fenced

About This Home

Exceptional investment opportunity in a high-demand Fort Lauderdale location. This income-producing multifamily property features two spacious units, each offering 2 bedrooms and 2 full bathrooms. Ideally positioned near the world's largest yacht marina, Fort Lauderdale-Hollywood International Airport, and major cruise ship terminals, it attracts a steady flow of travelers and tenants. Perfect for short-term rentals, this duplex offers excellent cash flow, strong occupancy rates, and long-term appreciation potential. Licensed for short-term rentals; turnkey business also available for sale. Proven income, strong potential. Business price negotiable separately.

Listing Agent

Yvonne Plass

LoKation License #3402236 Listed on: 05/09/2025

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,992

Year Built

  • Built in 1971

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1,912 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504221010020
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • River Oaks Subdivision

Building Details

  • Operating Expense $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,992

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1912.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air, Humidity Control, Other
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 504221010020
  • Lot Size: Corner Lot,West of US-1
  • Zoning Description: RML-25

Multi Family

  • Property Net Operating Income: 1.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,992 $471,310 $41,350 $429,960
2024 $10,995 $469,420 $19,080 $450,340
2023 $10,995 $519,240 $19,080 $500,160
2022 $7,781 $358,450 $19,080 $339,370
2021 $6,313 $230,670 $0 $0
2020 $5,461 $282,210 $19,080 $263,130
2019 $4,533 $245,220 $19,080 $226,140
2018 $4,051 $234,660 $19,080 $215,580
2017 $3,728 $157,560 $0 $0
2016 $3,478 $143,240 $0 $0
2015 $3,140 $130,220 $0 $0
2014 $2,916 $118,390 $0 $0
2013 -- $121,860 $19,080 $102,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $875,000 -10.3% $458 / Sq Ft
05/09/2025 05/09/25 For Sale $975,000 -- $510 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $398,500 Integrity Title Inc
Warranty Deed $202,600 --
Warranty Deed $254,000 --
Warranty Deed $165,000 Esquire Title Enterprises
Warranty Deed $85,000 --
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $203,200 Commercial
Previous Owner $156,000 Commercial
Previous Owner $80,750 Commercial
Previous Owner $110,000 Commercial
Source: Public Records

Source: BeachesMLS

MLS Number: R11089081

BeachesMLS

APN: 50-42-21-01-0020

Florida Broward County Fort Lauderdale 33315 River Oaks

1840 SW 24th St Unit 1-2, Fort Lauderdale, FL

This home is located at 1840 SW 24th St Unit 1-2, Fort Lauderdale, FL 33315 and is currently priced at $875,000, approximately $457 per square foot. This property was built in 1971. 1840 SW 24th St Unit 1-2 is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Yvonne Plass
Listing Agent
Yvonne Plass
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LoKation
(754) 336-0468