Remodeled Duplex with
For Sale
$739,999
2609 NW 9th Avenue, Wilton Manors, FL 33311
Residential Income, Wilton Manors, FL
Property Size1,638 SF
Price / SF$451.77
Days on Market1082
Property Features for 2609 NW 9th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-10
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Fencing
Fenced
Subdivision
Bonie Villas Sec One 57-2
Directions
West on Oakland Park Blvd. South on NW 9th Ave.
Standard status
Active
APN
494228120070
Size
1,638 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2022
Tax Description
BONIE VILLAS SEC ONE 57-21 B LOT 7 BLK 1
Tax Annual Amount
11619
Legal Description
BONIE VILLAS SEC ONE 57-21 B LOT 7 BLK 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Amenities
courtyard
Building Details
Year built
1964
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block
Roof type
Shingle, Composition
Listing Agency:
Select Homes Realty Group LLC
(954) 263-6461
Listed By:
John H Spellman · License #3328980
(954) 256-4043
Added: Nov 17, 2023
Changed: Oct 31
Last Checked: Nov 2 at 12:06AM
MLS# F10410104
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.
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Investment Insights
Based on property information with market context.
This remodeled duplex contains two separate residences, each arranged with 2 bedrooms and 1 bathroom. The property totals 1,638 square feet and includes tile flooring, central heating, central air, and ceiling fans. Block construction, a shingle and composition roof, and a fenced courtyard with landscaped grounds round out the physical improvements.
Both residences are currently rented. The property is served by public sewer, with cable available, and carries RD-10 zoning. Built in 1964, it provides a two-unit residential income configuration in Wilton Manors, Florida.
Both residences are currently rented. The property is served by public sewer, with cable available, and carries RD-10 zoning. Built in 1964, it provides a two-unit residential income configuration in Wilton Manors, Florida.
Key Highlights
- Two‑unit duplex totaling 1,638 square feet
- Each residence includes 2 bedrooms and 1 bathroom
- Both units are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,305
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,100
$546.1K
Cap Rate 7%
$390,071
$390.1K
Cap Rate 9%
$303,389
$303.4K
Market Conditions
NOI Build-Up for 1,638 SF
Gross rent
$41.3K $25.20/SF
− Vacancy
−$2.3K −$1.39/SF
EGI
$39.0K $23.81/SF
− OpEx
−$11.7K −$7.14/SF
NOI
$27.3K $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%
$546,100
Cap Rate 7%
$390,071
Cap Rate 9%
$303,389
Alternative Uses
Best Use
Multifamily LT 5
$390.1K
$341.3K – $455.1K
NOI $27,305 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$359.9K
$314.9K – $419.9K
NOI $25,191 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$831.0K
$727.2K – $969.5K
NOI $58,172 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,372
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with two two-bedroom residences, updated interiors, and enclosed outdoor space.
Where is this duplex located?
The property is located at 2609 NW 9th Avenue Wilton Manors, FL.
What is the asking price?
The asking price for this property is $739,999.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,638 square feet; Each residence includes 2 bedrooms and 1 bathroom; Both units are currently rented
