Duplex with Fenced
For Sale
$699,900
1409-1413 NE 21st St, Wilton Manors, FL 33305
Two-unit property with updated kitchens and baths, impact windows, and separate outdoor areas.
Property Size1,485 SF
Days on Market78
Property Features for 1409-1413 NE 21st St
General Information
Standard status
Active
Size
1,485 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$11,327
Amenities
shiny Terrazzo floors
large fenced separate yards
impact windows
Building Details
Building Size
1,485 SF
Year Built
1960
Listing Agency:
Coldwell Banker
Listed By:
Janice Agudo · License #0321020
(954) 558-3251
Source:
Relinkre
Added: Jul 29
Changed: Oct 14
Last Checked: Oct 13 at 3:31AM
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 Coldwell Banker
Investment Insights
Based on property information with market context.
Built in 1960, this 1,485-square-foot duplex includes two residential units with newer kitchens and baths. Terrazzo flooring, impact windows, and large separately fenced yards add durable interior and exterior features to the property. The asset is zoned RD-10.
Located at 1409 NE 21st Street in Wilton Manors, the property is near The Drive, downtown shopping and dining, and area beaches. Its two-unit configuration and separate fenced yards provide clearly defined residential spaces within a single property.
Located at 1409 NE 21st Street in Wilton Manors, the property is near The Drive, downtown shopping and dining, and area beaches. Its two-unit configuration and separate fenced yards provide clearly defined residential spaces within a single property.
Key Highlights
- Two‑unit duplex totaling 1,485 square feet
- Newer kitchens and baths in the units
- Terrazzo flooring and impact windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,755
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,100
$495.1K
Cap Rate 7%
$353,643
$353.6K
Cap Rate 9%
$275,056
$275.1K
Market Conditions
NOI Build-Up for 1,485 SF
Gross rent
$37.4K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$35.4K $23.81/SF
− OpEx
−$10.6K −$7.14/SF
NOI
$24.8K $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 Rate 5%
$495,100
Cap Rate 7%
$353,643
Cap Rate 9%
$275,056
Alternative Uses
Best Use
Multifamily LT 5
$353.6K
$309.4K – $412.6K
NOI $24,755 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$326.3K
$285.5K – $380.6K
NOI $22,838 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$753.4K
$659.2K – $879.0K
NOI $52,738 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
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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-unit property with updated kitchens and baths, impact windows, and separate outdoor areas.
Where is this duplex located?
The property is located at 1409-1413 NE 21st St Wilton Manors, FL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,485 square feet; Newer kitchens and baths in the units; Terrazzo flooring and impact windows
