Charming Duplex in Fort
108 E BROADWAY STREET Fort Meade, FL 33841
108 E BROADWAY STREET, Fort Meade, FL, 33841
$225,000
For Sale
$225,000
Duplex - FORT MEADE, FL
Property Size1,088 SF
Lot Size0.28 Acres
Price / SF$206.80
Days on Market93
Property Features for 108 E BROADWAY STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- BP
- Bedrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s)
- Exterior features
- Paved, 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 Annual Amount
- 2469.77
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1941
- Number of units
- 2
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
CLARK REALTY LLC
(863) 345-2155
6700 S Florida Ave, Lakeland, FL
Listed by
Gwen Clark · License #3290673
(863) 559-6413
Added: Apr 15 Checked: Jul 16 at 6:06 pm
MLS# L4960701
Listing URL
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 features two separate units, each with 1 bedroom and 1 bathroom. It is suited for investors or owner-occupants looking to offset their mortgage. Both units feature updated flooring throughout, creating a cohesive feel, along with neutral interior tones. Each unit includes a functional kitchen with ample cabinet space, a bright living area with natural light, and a private bedroom with closet storage. The bathrooms feature tiled shower/tub combinations, and the layouts provide efficient use of space. Additional highlights include window A/C units and individual living spaces. The property is located in Fort Meade, Florida, with easy access to nearby amenities, shopping, and major roadways. The lot size is 0.28 acres, and the property size is 1088 square feet. The property is zoned BP. It offers a practical layout suited for rental income and great potential and flexibility for expanding a portfolio or living in one unit while renting the other.
Key Highlights
- Duplex with two separate 1 bed/1 bath units - ideal for investors or owner‑occupants.
- Updated flooring and neutral interior tones throughout both units - move‑in ready.
- Functional kitchens with ample cabinet space and bright living areas.
Local 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
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FAQs
What type of property is this?
Duplex - Duplex with updated flooring, ideal for investors or owner-occupants.
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 with two separate 1 bed/1 bath units - ideal for investors or owner‑occupants.; Updated flooring and neutral interior tones throughout both units - move‑in ready.; Functional kitchens with ample cabinet space and bright living areas.
