1700 Marietta Dr

Fort Lauderdale, FL 33316 · single_family · For Sale · 40 days on market
Asking price$2,699,500
4 beds 3 baths 2,070 sqft
Suggested offer$1,743,809$955,691 above the est. market value of $1,743,809.
View on Realtor.com →
Listed by Wes Houx · Latitude Key Real Estate Broker
Typesingle_family
Built1956
Price / sqft$1304
Est. value (own analysis)$1,743,809
Rent estimate (own analysis)$5,980/mo
HOANone
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-24
Removed date
MLSBeachesMLS #B26056409
Coordinates26.10035, -80.11240
Address1700 Marietta Dr
CityFort Lauderdale
StateFL
Zip33316
Listing ID6261355859
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33316)

Median sale price$900,000
Median days on market (sale)121
Active sale listings368
Median rent$2,500/mo
Median days on market (rent)34
Active rental listings281
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33316 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$2,699,500
Down payment (20.0%)$539,900
Loan amount$2,159,600
Closing costs (5.0%)$134,975
Total cash to close$674,875
Rent (comp-derived)$5,980$71,760
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$71,760
Vacancy rate (assumption) assumption8.0%

$71,760 × 8.0% = $5,741

Effective gross income$5,502$66,019
Property tax (placeholder 1.9% of price)$4,274$51,291
Insurance (placeholder 0.8% of price)$1,800$21,596
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$299$3,588
Total operating expenses$6,373$76,475
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$66,019
Total operating expenses derived$76,475

$66,019 − $76,475 = -$10,455

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$2,159,600
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,159,600 amortized at 6.7% over 30 years = $13,878/mo

CapEx reserve (5.0% of GSR)$299$3,588
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived-$10,455
Annual debt service derived$166,538
Annual CapEx reserve assumption$3,588
Annual PMI assumption$0

(-$10,455 − $166,538 − $3,588 − $0) ÷ 12 = -$15,048

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$10,455
Purchase price data$2,699,500

-$10,455 ÷ $2,699,500 = -0.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$180,581
Total cash to close derived$674,875

-$180,581 ÷ $674,875 = -26.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$10,455
Annual debt service derived$166,538

-$10,455 ÷ $166,538 = -0.06

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$71,760
Purchase price data$2,699,500

($71,760 ÷ 12) ÷ $2,699,500 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,699,500
Gross scheduled rent (annual) comp$71,760

$2,699,500 ÷ $71,760 = 37.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$76,475
Effective gross income derived$66,019

$76,475 ÷ $66,019 = 115.8%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$76,475
Annual debt service derived$166,538
Annual PMI assumption$0
Gross scheduled rent (annual) comp$71,760

($76,475 + $166,538 + $0) ÷ $71,760 = 338.6%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,722$2,9002026-05-07
single_family432,732$15,0002026-07-14
single_family421,890$3,9602026-08-11
single_family432,440$8,0002025-03-11

412 SE 17th St Unit Front

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,722
Listed2026-05-07
Days on market

Asking rent: $2,900

View on Zillow →

1505 SE 11th St

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,732
Listed2026-07-14
Days on market

Asking rent: $15,000

View on Zillow →

1322 SE 1st Ave Unit 1322

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,890
Listed2026-08-11
Days on market

Asking rent: $3,960

View on Zillow →

1933 Twin Dolphin Ln

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,440
Listed2025-03-11
Days on market

Asking rent: $8,000

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
1109 SE 11th Ctsingle_family432,668$1,750,0002026-07-27
912 SE 13th Stsingle_family42988$1,450,0002026-07-17
8 Harboragesingle_family467,546$13,700,0002026-07-16
1200 Cordova Rdsingle_family454,274$3,600,0002026-07-10
1520 SE 10th Stsingle_family434,146$6,325,0002026-07-08
1601 Seabreeze Blvdsingle_family431,997$1,650,0002026-06-09
1417 Ponce De Leon Drsingle_family433,332$2,875,0002026-06-03
1618 SE 14th Stsingle_family442,590$2,675,0002026-06-02
1212 Ponce De Leon Drsingle_family432,734$2,210,0002026-05-18
1900 Admirals Waysingle_family432,681$1,875,0002026-05-08
1111 SE 9th Avesingle_family453,600$3,325,0002026-05-05
1344 Seabreeze Blvdsingle_family442,605$1,635,0002026-04-06
1013 SE 9th Stsingle_family454,002$2,999,0002026-03-26
716 Ponce De Leon Drsingle_family432,215$1,800,0002026-02-02
2608 Inlet Drsingle_family421,834$2,850,0002026-01-15
1925 Harbourview Drsingle_family454,306$4,300,0002026-01-14
1959 Marietta Drsingle_family422,237$1,985,0002026-01-09
1213 Cordova Rdsingle_family452,321$1,298,0002026-01-08
1813 SE 9th Stsingle_family443,288$3,977,8002025-12-31
924 S Rio Vista Blvdsingle_family443,442$2,900,0002025-12-11
1132 SE 6th Tersingle_family453,642$2,850,0002025-12-10
1236 E Lake Drsingle_family422,400$1,650,0002025-12-08
2642 Barbara Drsingle_family453,432$1,835,0002025-11-14
2542 Laguna Drsingle_family433,178$7,550,0002025-11-04
1206 E Lake Drsingle_family443,500$3,225,0002025-10-20
1925 SE 25th Avesingle_family432,253$1,500,0002025-09-04

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
1001 SE 10th Stsingle_family432,518$2,245,000
1322 Cordova Rdsingle_family431,762$2,650,000
1518 E Lake Drsingle_family453,781$3,995,000
2100 S Ocean Ln Unit 101-102condos443,003$1,299,000
1313 Seabreeze Blvd Unit Bsingle_family432,623$1,850,000
801 Seabreeze Blvd Ph 2406condos454,982$22,000,000
1630 SE 11th Stsingle_family442,545$3,750,000
1701 SE 10th Stsingle_family454,240$4,900,000

10-year hold projection

IRR-8.0%
Equity multiple-0.35x
Total return (10yr)-$555,626
YearProperty valueNOICash flowLoan balanceEquity
1$2,780,485-$10,455-$180,581$2,136,185$644,300
2$2,863,900-$10,387-$180,602$2,111,162$752,737
3$2,949,817-$10,306-$180,614$2,084,421$865,395
4$3,038,311-$10,214-$180,616$2,055,844$982,467
5$3,129,460-$10,108-$180,607$2,025,304$1,104,156
6$3,223,344-$9,990-$180,587$1,992,667$1,230,677
7$3,320,045-$9,857-$180,556$1,957,789$1,362,256
8$3,419,646-$9,709-$180,512$1,920,515$1,499,131
9$3,522,235-$9,546-$180,455$1,880,682$1,641,553
10$3,627,902-$9,366-$180,385$1,838,114$1,789,789
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.