| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Fair |
| Demographics | 82nd | Best |
| Amenities | 61st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1310 SW 2nd Ct, Fort Lauderdale, FL, 33312, US |
| Region / Metro | Fort Lauderdale |
| Year of Construction | 2008 |
| Units | 37 |
| Transaction Date | 2025-07-31 |
| Transaction Price | $2,495,000 |
| Buyer | SAILBOAT LOFTS LLC |
| Seller | SAILBOAT BEND LIMITED PARTNERSHIP |
1310 SW 2nd Ct Fort Lauderdale Multifamily Investment
Newer-vintage units in an inner-suburban Fort Lauderdale pocket with strong renter demand signals, according to WDSuite’s CRE market data. Expect steady tenant interest supported by a growing 3-mile renter pool and solid household incomes.
This inner-suburban neighborhood in Fort Lauderdale carries an A rating and ranks in the top quartile among 345 metro neighborhoods, per WDSuite’s CRE market data. The local housing stock skews newer than many nearby areas, and 1310 SW 2nd Ct’s 2008 vintage positions it competitively against older properties built around the neighborhood’s average year of 1980.
Livability is shaped by abundant parks (top-tier availability metro-wide) and a deep restaurant scene, while grocery and cafe options immediately nearby are thinner. For investors, this mix suggests lifestyle appeal anchored by outdoor access and dining variety, with some residents likely relying on short drives for daily essentials—factors to consider in marketing and amenity positioning.
Within a 3-mile radius, demographic statistics indicate population growth over the past five years and a projected increase by 2028, alongside smaller average household sizes. Combined with a majority share of housing units that are renter-occupied in the same 3-mile area, these trends point to a larger tenant base and support for occupancy stability in professionally managed multifamily.
Neighborhood home values are elevated for the metro, and median rents sit above many U.S. areas. In investor terms, a high-cost ownership market can reinforce reliance on multifamily housing and support pricing power, provided lease management aligns with rent-to-income dynamics. Note that neighborhood-level occupancy is below the metro median, so operators should plan for disciplined leasing and resident retention strategies to capture demand.
Safety metrics for the neighborhood trend below national averages, according to WDSuite’s CRE market data. Recent readings indicate higher relative crime levels compared with many U.S. neighborhoods, with a noted year-over-year increase in property-related incidents.
For investors, this typically calls for proactive on-site measures—lighting, access control, and resident engagement—along with budgeting considerations for insurance and security. Contextually, outcomes often vary block to block; underwriting should weigh property-level controls and management execution rather than relying solely on area-wide figures.
Proximity to major employers supports workforce housing demand and commute convenience for residents. Notable nearby corporate offices include a regional healthcare operator and multiple corporate headquarters that broaden the white-collar employment base.
- AutoNation — automotive retail HQ (0.9 miles) — HQ
- Tenet Healthcare Corporation, Florida Region — healthcare administration (14.8 miles)
- Johnson & Johnson — healthcare & consumer products offices (17.2 miles)
- Office Depot — office supplies HQ (19.8 miles) — HQ
- Mosaic — agribusiness offices (21.3 miles)
1310 SW 2nd Ct is a 2008-vintage multifamily asset in an A-rated, inner-suburban Fort Lauderdale neighborhood. The property’s newer construction relative to the area’s older average stock enhances competitive positioning, while the 3-mile area shows population growth and a rising household count—signals that support a larger tenant base and leasing durability. Elevated ownership costs in the neighborhood context can sustain multifamily demand, provided pricing is balanced with rent-to-income considerations.
According to commercial real estate analysis from WDSuite, neighborhood occupancy trends sit below the metro median, making leasing execution and retention programs important near-term levers. Proximity to a diversified employment base—including corporate headquarters—adds demand depth, and selective modernization can further differentiate a 2008 asset as systems age.
- Newer 2008 vintage versus older neighborhood stock supports competitive positioning and curb appeal.
- Expanding 3-mile renter pool and household growth underpin tenant demand and occupancy stability.
- Elevated home values reinforce reliance on rentals, supporting rent levels with prudent lease management.
- Nearby corporate employers and HQs add commute convenience and broaden resident demand.
- Risk: Neighborhood occupancy is below metro norms; success depends on disciplined leasing, retention, and security planning.