CBS Duplex with Tile
For Sale
$448,000
Pending
2100 NW 27th Street, Oakland Park, FL 33311
Residential Income, Oakland Park, FL
Property Size826 SF
Lot Size0.18 Acres
Days on Market205
Property Features for 2100 NW 27th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2
Pets allowed
No, Yes
Subdivision
ZILADEN PROPERTIES
Lot features
Corner Lot
Standard status
Pending
APN
494229020011
Size
826 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ZILADEN PROPERTIES TAX ASSESSORS MAP MISC PB 2 PG 20 COMM SE COR OF N1/2 OF SE1/4 OF NE1/4 OF SEC 29,N 70,W 35 TO POB CONT W 116,N 68.5,E 11
Tax Annual Amount
8414
Legal Description
ZILADEN PROPERTIES TAX ASSESSORS MAP MISC PB 2 PG 20 COMM SE COR OF N1/2 OF SE1/4 OF NE1/4 OF SEC 29,N 70,W 35 TO POB CONT W 116,N 68.5,E 11
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Number of units
4
Flooring type
Tile - Ceramic
Building materials
CBS
Roof type
Fiberglass
Listing Agency:
Century 21 Stein Posner · Century 21 Real Estate
(561) 756-9945
Listed By:
Shila G Harari · License #3345313
(954) 299-9027
Added: Mar 11
Changed: Sep 22
Last Checked: Oct 1 at 11:06PM
MLS# B26000127
Copyright © 2026 BeachesMLS. 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 1958 duplex contains two 2 BR/1BA residential units within an 826-square-foot property on a 0.18-acre lot. CBS construction, ceramic tile flooring, fiberglass roofing, and wall/window cooling systems are documented. Both units are tenant occupied under month-to-month leases, and advance notice is required for access.
The property is located in Oakland Park, Broward County, with public water, public sewer, and cable availability. Zoning is R-1. The existing layout includes four bedrooms and two bathrooms overall, supporting its current duplex configuration.
The property is located in Oakland Park, Broward County, with public water, public sewer, and cable availability. Zoning is R-1. The existing layout includes four bedrooms and two bathrooms overall, supporting its current duplex configuration.
Key Highlights
- Two 2 BR/1BA units
- 826 square feet on a 0.18‑acre lot
- CBS construction with fiberglass roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,769
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$275,380
$275.4K
Cap Rate 7%
$196,700
$196.7K
Cap Rate 9%
$152,989
$153.0K
Market Conditions
NOI Build-Up for 826 SF
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.
Gross rent
$20.8K $25.20/SF
− Vacancy
−$1.1K −$1.39/SF
EGI
$19.7K $23.81/SF
− OpEx
−$5.9K −$7.14/SF
NOI
$13.8K $16.67/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$275,380
Cap Rate 7%
$196,700
Cap Rate 9%
$152,989
Alternative Uses
Best Use
Multifamily LT 5
$196.7K
$172.1K – $229.5K
NOI $13,769 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$181.5K
$158.8K – $211.7K
NOI $12,703 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$419.1K
$366.7K – $488.9K
NOI $29,335 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,202
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer ceramic tile flooring, public water and sewer, and month-to-month occupancy.
Where is this duplex located?
The property is located at 2100 NW 27th Street Oakland Park, FL.
What is the asking price?
The asking price for this property is $448,000.
What are key features of this property?
This property features: Two 2 BR/1BA units; 826 square feet on a 0.18‑acre lot; CBS construction with fiberglass roof
