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Remodeled Duplex in Wilton Manors

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
6810 N State Road 7, Parkland, FL
Listed by John H Spellman · License #3328980
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 (±1% cap)
NOI $27,305 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$359.9K
$314.9K – $419.9K (±1% cap)
NOI $25,191 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$831.0K
$727.2K – $969.5K (±1% cap)
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

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
Contact an agent
More about this property
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