Updated Duplex with Private
For Sale
$765,000
1925 NE 26th Street #1-2, Wilton Manors, FL 33305
Two residential units offer separate entrances, electric meters, fenced outdoor areas, and dedicated laundry appliances.
Property Size1,767 SF
Price / SF$432.94
Days on Market53
Property Features for 1925 NE 26th Street #1-2
General Information
Standard status
Active
Size
1,767 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
ROSC-2
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,614
Amenities
private fenced backyard
dedicated washer and dryer
Building Details
Building Size
1,767 SF
Year Built
1954
Buildings
1
Stories
1
Listing Agency:
Premier Investments Realty
(954) 609-1120
Listed By:
Michelle A Athens · License #3287093
(954) 609-1120
Source:
Laerrealty
Added: Jul 8
Changed: Aug 29
Last Checked: Aug 29 at 4:01PM
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 Premier Investments Realty
Investment Insights
Based on property information with market context.
This updated duplex in Wilton Manors contains 1,767 square feet across two residential units. The property includes a 2-bedroom, 2-bathroom unit that is leased and a vacant 1-bedroom, 1-bathroom unit ready for occupancy. Each residence has a private entrance, its own electric meter, a fenced backyard, and dedicated washer and dryer equipment. The layout supports separate residential use while providing flexibility for an owner occupant or rental operation.
Built in 1954 and identified with ROSC-2 zoning, the property is located at 1925 NE 26th Street, #1-2, in Wilton Manors, Florida. The updated condition and independent unit features provide a practical configuration for a duplex property.
Built in 1954 and identified with ROSC-2 zoning, the property is located at 1925 NE 26th Street, #1-2, in Wilton Manors, Florida. The updated condition and independent unit features provide a practical configuration for a duplex property.
Key Highlights
- 1,767‑square‑foot duplex in Wilton Manors
- Two units: one 2/2 and one 1/1
- 2/2 unit is currently leased; 1/1 unit is vacant
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
$29,456
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
3.85%
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%
$589,120
$589.1K
Cap Rate 7%
$420,800
$420.8K
Cap Rate 9%
$327,289
$327.3K
Market Conditions
NOI Build-Up for 1,767 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
$44.5K $25.20/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$42.1K $23.81/SF
− OpEx
−$12.6K −$7.14/SF
NOI
$29.5K $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%
$589,120
Cap Rate 7%
$420,800
Cap Rate 9%
$327,289
Alternative Uses
Best Use
Multifamily LT 5
$420.8K
$368.2K – $490.9K
NOI $29,456 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$388.2K
$339.7K – $452.9K
NOI $27,175 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$896.5K
$784.4K – $1.05M
NOI $62,753 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,037
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 residential units offer separate entrances, electric meters, fenced outdoor areas, and dedicated laundry appliances.
Where is this duplex located?
The property is located at 1925 NE 26th Street #1-2 Wilton Manors, FL.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: 1,767‑square‑foot duplex in Wilton Manors; Two units: one 2/2 and one 1/1; 2/2 unit is currently leased; 1/1 unit is vacant
