1636 SE 14th St

Fort Lauderdale, FL 33316 · single_family · For Sale · 11 days on market
Asking price$3,500,000
5 beds 4 baths 3,508 sqft
Suggested offer$2,740,660$759,340 above the est. market value of $2,740,660.
View on Realtor.com →
Listed by Jeffrey T. Runge · Five Palms Invest. Realty Inc
Typesingle_family
Built1957
Price / sqft$998
Est. value (own analysis)$2,740,660
Rent estimate (own analysis)$25,500/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-22
Removed date
MLSBeachesMLS #B26067332
Coordinates26.10435, -80.12430
Address1636 SE 14th St
CityFort Lauderdale
StateFL
Zip33316
Listing ID6386894397
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$3,500,000
Down payment (20.0%)$700,000
Loan amount$2,800,000
Closing costs (5.0%)$175,000
Total cash to close$875,000
Rent (comp-derived)$25,500$306,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$306,000
Vacancy rate (assumption) assumption8.0%

$306,000 × 8.0% = $24,480

Effective gross income$23,460$281,520
Property tax (placeholder 1.9% of price)$5,542$66,500
Insurance (placeholder 0.8% of price)$2,333$28,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,275$15,300
Total operating expenses$9,150$109,800
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$281,520
Total operating expenses derived$109,800

$281,520 − $109,800 = $171,720

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$2,800,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,800,000 amortized at 6.7% over 30 years = $17,994/mo

CapEx reserve (5.0% of GSR)$1,275$15,300
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$171,720
Annual debt service derived$215,923
Annual CapEx reserve assumption$15,300
Annual PMI assumption$0

($171,720 − $215,923 − $15,300 − $0) ÷ 12 = -$4,959

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$171,720
Purchase price data$3,500,000

$171,720 ÷ $3,500,000 = 4.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$59,503
Total cash to close derived$875,000

-$59,503 ÷ $875,000 = -6.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$171,720
Annual debt service derived$215,923

$171,720 ÷ $215,923 = 0.80

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$306,000
Purchase price data$3,500,000

($306,000 ÷ 12) ÷ $3,500,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,500,000
Gross scheduled rent (annual) comp$306,000

$3,500,000 ÷ $306,000 = 11.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$109,800
Effective gross income derived$281,520

$109,800 ÷ $281,520 = 39.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$109,800
Annual debt service derived$215,923
Annual PMI assumption$0
Gross scheduled rent (annual) comp$306,000

($109,800 + $215,923 + $0) ÷ $306,000 = 106.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family563,891$11,0002025-01-16
single_family542,278$14,0002026-03-11
single_family565,950$39,9952026-03-11
single_family576,007$37,0002026-06-11
single_family564,935$50,0002026-06-10
single_family542,523$12,0002026-03-11

12 Isla Bahia Dr

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage3,891
Listed2025-01-16
Days on market

Asking rent: $11,000

View on Zillow →

1612 SE 13th St

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,278
Listed2026-03-11
Days on market

Asking rent: $14,000

View on Zillow →

1730 SE 13th St

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage5,950
Listed2026-03-11
Days on market

Asking rent: $39,995

View on Zillow →

3 Isla Bahia Dr

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage6,007
Listed2026-06-11
Days on market

Asking rent: $37,000

View on Zillow →

1528 SE 11th St

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,935
Listed2026-06-10
Days on market

Asking rent: $50,000

View on Zillow →

1612 E Lake Dr

Fort Lauderdale, 33316 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,523
Listed2026-03-11
Days on market

Asking rent: $12,000

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
4 Isla Bahia Drsingle_family555,287$9,900,0002026-07-30
1517 SE 12th Ctsingle_family554,782$5,600,0002026-06-30
1017 SE 13th Tersingle_family542,733$2,100,0002026-05-29
1511 S Ocean Drsingle_family542,952$1,800,0002026-05-22
2024 Harbourview Drsingle_family564,621$2,995,0002026-03-31
1733 SE 10th Stsingle_family575,760$9,900,0002026-03-31
1125 SE 8th Stsingle_family543,274$2,600,0002026-03-31
904 Ponce De Leon Drsingle_family543,624$2,950,0002026-03-30
1429 SE 12th Ctsingle_family556,000$2,625,0002026-03-06
1020 Ponce De Leon Drsingle_family555,211$3,850,0002026-01-29
721 SE 9th Stsingle_family564,366$3,160,0002026-01-26
1544 Ponce De Leon Drsingle_family563,710$4,200,0002025-12-31
1716 SE 11th Stsingle_family523,744$1,142,2002025-12-10
1737 SE 13th Stsingle_family565,254$7,050,0002025-09-23

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
1308 Seabreeze Blvdsingle_family542,650$2,200,000
1500 SE 14th Stsingle_family585,424$6,749,000
1316 Cordova Rdsingle_family585,591$7,950,000
1780 SE 9th Stsingle_family555,079$6,390,000
1550 Ponce De Leon Drsingle_family564,040$4,395,000
1016 SE 8th Stsingle_family563,907$4,195,000
12 Sylvan Lnsingle_family566,878$6,900,000
1020 SE 9th Avesingle_family564,310$4,285,000

10-year hold projection

IRR6.0%
Equity multiple1.95x
Total return (10yr)$1,287,068
YearProperty valueNOICash flowLoan balanceEquity
1$3,605,000$171,720-$59,503$2,769,642$835,358
2$3,713,150$177,421-$54,185$2,737,199$975,951
3$3,824,545$183,306-$48,691$2,702,528$1,122,016
4$3,939,281$189,382-$43,017$2,665,476$1,273,804
5$4,057,459$195,655-$37,156$2,625,880$1,431,579
6$4,179,183$202,130-$31,103$2,583,565$1,595,618
7$4,304,559$208,815-$24,851$2,538,344$1,766,214
8$4,433,695$215,716-$18,393$2,490,018$1,943,677
9$4,566,706$222,840-$11,724$2,438,373$2,128,333
10$4,703,707$230,195-$4,836$2,383,182$2,320,526
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.