Duplex with Two 1BR
108 E BROADWAY Street Fort Meade, FL 33841
For Sale
$225,000
MULTI_FAMILY - FORT MEADE, FL
Property Size1,088 SF
Lot Size0.28 Acres
Price / SF$206.80
Days on Market102
Property Features for 108 E BROADWAY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- BP
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
- Patio and Porch features
- Patio
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s)
- Exterior features
- Private Entrance, Sidewalk
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 25-31-27-451500-001040
- Size
- 1,088 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ZANDERS W F SUB PB 2 PG 86 BLK 1 LOT 4
- Tax Annual Amount
- 2470
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1941
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
CLARK REALTY LLC
(863) 345-2155
Listed By:
Gwen Clark · License #3290673
(863) 559-6413
Added: Apr 15
Changed: Jul 20
Last Checked: Jul 25 at 11:06PM
MLS# L4960701
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two separate living units, each with one bedroom and one bathroom. Both units have updated flooring and neutral interior tones, and each offers a functional kitchen with ample cabinet space and a bright living area with natural light. Bedrooms include closet storage, and the bathrooms feature tiled shower/tub combinations. Window A/C units provide cooling, and the layouts are designed for efficient everyday use.
The property is located at 108 E Broadway Street in Fort Meade, Florida, in Polk County. It is described as having convenient access to nearby amenities, shopping, and major roadways.
With two independently arranged units, the property supports flexible occupancy and rental income use.
The property is located at 108 E Broadway Street in Fort Meade, Florida, in Polk County. It is described as having convenient access to nearby amenities, shopping, and major roadways.
With two independently arranged units, the property supports flexible occupancy and rental income use.
Key Highlights
- Duplex built in 1941 offering two separate 1‑bedroom, 1‑bath units
- Each unit has a functional kitchen with a range and refrigerator
- Updated flooring throughout both units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.6k | $16.20 |
| − Vacancy | −$1.1k | −$1.05 |
| EGI | $16.5k | $15.15 |
| − OpEx | −$4.9k | −$4.54 |
| NOI | $11.5k | $10.60 |
1,088 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$164.8K
$144.2K – $192.3K
NOI $11,536 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$147.2K
$128.8K – $171.8K
NOI $10,305 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$261.5K
$228.8K – $305.0K
NOI $18,302 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale featuring two separate 1-bedroom, 1-bath units with updated flooring and window A/C units.
Where is this duplex located?
The property is located at 108 E BROADWAY Street Fort Meade, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex built in 1941 offering two separate 1‑bedroom, 1‑bath units; Each unit has a functional kitchen with a range and refrigerator; Updated flooring throughout both units
