Duplex with Month-to-Month
For Sale
$448,000
Pending
2100 NW 27th Street, Oakland Park, FL 33311
MULTI_FAMILY - Oakland Park, FL
Property Size826 SF
Lot Size0.18 Acres
Days on Market156
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
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1
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
(561) 756-9945
Added: Mar 11
Changed: Aug 4
Last Checked: Aug 13 at 2:06AM
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 duplex offers two 2-bedroom, 1-bath units and is configured for an investor who wants to maintain existing tenant occupancy. The property contains 826 square feet of living area, built in 1958 with CBS construction and a fiberglass roof. Flooring includes ceramic tile, and cooling is provided via wall/window units. Utilities served include public water and public sewer, with cable available.
The units are currently rented on month-to-month leases. Tenant occupied status requires advanced notice, so scheduling to view the interior should be arranged in advance.
Zoned R-1, the property sits on a 0.18-acre lot and is well-suited for buyers looking for a straightforward duplex format with a defined unit mix and existing residential tenancy.
The units are currently rented on month-to-month leases. Tenant occupied status requires advanced notice, so scheduling to view the interior should be arranged in advance.
Zoned R-1, the property sits on a 0.18-acre lot and is well-suited for buyers looking for a straightforward duplex format with a defined unit mix and existing residential tenancy.
Key Highlights
- Two 2‑bedroom, 1‑bath units on month‑to‑month leases
- 0.18‑acre lot with R‑1 zoning
- 826‑square‑foot duplex built in 1958
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
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
776
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a 0.18-acre lot in R-1 zoning with public water and sewer and two 2-bedroom, 1-bath units.
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‑bedroom, 1‑bath units on month‑to‑month leases; 0.18‑acre lot with R‑1 zoning; 826‑square‑foot duplex built in 1958
