Remodeled Duplex in Wilton
2609 NW 9th Avenue Wilton Manors, FL 33311
2609 NW 9th Avenue, Wilton Manors, FL, 33311
$739,999
For Sale
$739,999
MULTI_FAMILY - Wilton Manors, FL
Property Size1,638 SF
Price / SF$451.77
Days on Market973
Property Features for 2609 NW 9th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RD-10
- Bedrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
- Fencing
- Fenced
- Standard status
- Active
- APN
- 494228120070
- Size
- 1,638 SF
Taxes and HOA fees
- Tax Year
- 2022
- Tax Description
- BONIE VILLAS SEC ONE 57-21 B LOT 7 BLK 1
- Tax Annual Amount
- 11619
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Composition, Shingle
Listing Agency
Select Homes Realty Group LLC
(954) 263-6461
6810 N State Road 7, Parkland, FL
Listed by
John H Spellman · License #3328980
(954) 256-4043
Added: Nov 17, 2023 Checked: Jul 17 at 9:06 am
MLS# F10410104
Listing URL
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.
Investment Insights
Based on property information with market context.
This remodeled duplex, located in Wilton Manors, Florida, presents an investment opportunity. The property features two units, each with 2 bedrooms and 1 bathroom, offering modern living spaces for tenants. The property is currently fully rented. The neighborhood is known for its welcoming atmosphere, proximity to amenities, and a variety of entertainment options. The exterior features a courtyard with landscaping and white PVC fencing. The property is zoned RD-10. The property size is 1638 square feet. The property is located at 2609 NW 9th Avenue, Wilton Manors, FL 33311. The property is a potential opportunity for future Airbnb rentals after the leases end.
Key Highlights
- Remodeled duplex with both sides rented, offering 2 bedrooms and 1 bathroom per unit
- Year built 1964 duplex with block construction and tile flooring
- Central heating and central air conditioning, plus ceiling fans
Local 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 | $41.3k | $25.20 |
| − Vacancy | −$2.3k | −$1.39 |
| EGI | $39.0k | $23.81 |
| − OpEx | −$11.7k | −$7.14 |
| NOI | $27.3k | $16.67 |
1,638 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex in Wilton Manors, fully rented, great investment.
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: Remodeled duplex with both sides rented, offering 2 bedrooms and 1 bathroom per unit; Year built 1964 duplex with block construction and tile flooring; Central heating and central air conditioning, plus ceiling fans