Duplex with Fenced
New
For Sale
$785,000
1409 NE 21st Street, Wilton Manors, FL 33305
Two-unit property with updated kitchens and baths, impact windows, and separate outdoor areas.
Property Size1,485 SF
Price / SF$528.62
Days on Market3
Property Features for 1409 NE 21st Street
General Information
Standard status
Active
Size
1,485 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
RD-10
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
Stories
1
Listing Agency:
Coldwell Banker
(954) 558-3251
Listed By:
Janice C Agudo · License #A12037202
(954) 558-3251
Source:
Laerrealty
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 3 at 3:00AM
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 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 | $37.4k | $25.20 |
| − Vacancy | −$2.1k | −$1.39 |
| EGI | $35.4k | $23.81 |
| − OpEx | −$10.6k | −$7.14 |
| NOI | $24.8k | $16.67 |
1,485 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$353.6K
$309.4K – $412.6K
NOI $24,755 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$326.3K
$285.5K – $380.6K
NOI $22,838 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$753.4K
$659.2K – $879.0K
NOI $52,738 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,657
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 NE 21st Street Wilton Manors, FL.
What is the asking price?
The asking price for this property is $785,000.
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
