Single-Story
112 SW 67TH Avenue, Pembroke Pines, FL 33023
For Sale
$499,900
Two separate living areas provide a straightforward configuration for residential rental use.
Property Size1,102 SF
Price / SF$453.63
Days on Market11
Property Features for 112 SW 67TH Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Stories
Listing Agency:
Platinum Realty & Investments
(305) 330-5649
Listed By:
Jodi Pollack · License #3300811
(954) 668-6398
Source:
Miznerpartners
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 3:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platinum Realty & Investments
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Investment Insights
Based on property information with market context.
This one-level duplex contains 1,102 square feet and two separate living spaces. Built in 1954, the property is located in the South Broward Ranches No. 2 subdivision in Pembroke Pines, Florida.
Key Highlights
- Two separate residential living spaces
- 1,102 square feet in a single‑story layout
- Built in 1954
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,745
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,900
$394.9K
Cap Rate 7%
$282,071
$282.1K
Cap Rate 9%
$219,389
$219.4K
Market Conditions
NOI Build-Up for 1,102 SF
Gross rent
$29.8K $27.00/SF
− Vacancy
−$1.5K −$1.40/SF
EGI
$28.2K $25.60/SF
− OpEx
−$8.5K −$7.68/SF
NOI
$19.7K $17.92/SF
Area
Pembroke Pines, FL
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,900
Cap Rate 7%
$282,071
Cap Rate 9%
$219,389
Alternative Uses
Best Use
Multifamily LT 5
$282.1K
$246.8K – $329.1K
NOI $19,745 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$244.7K
$214.1K – $285.5K
NOI $17,128 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$468.1K
$409.6K – $546.1K
NOI $32,764 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,954
Businesses Nearby
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Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Broward County, FL
Properties on Market for Duplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living areas provide a straightforward configuration for residential rental use.
Where is this duplex located?
The property is located at 112 SW 67TH Avenue Pembroke Pines, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two separate residential living spaces; 1,102 square feet in a single‑story layout; Built in 1954
