Duplex Income
For Sale
$440,000
Pending
2930 NW 8th Street, Fort Lauderdale, FL 33311
For sale duplex at 2930 NW 8th St, Fort Lauderdale, offering residential income potential.
Property Size1,190 SF
Days on Market94
Property Features for 2930 NW 8th Street
General Information
Standard status
Pending
Size
1,190 SF
Property subtype
Duplex
Building Details
Year Built
1958
Listing Agency:
Keys to Legacy Realty LLC
(954) 900-8797
Listed By:
Christopher W McAnuff · License #3429242
(954) 818-1539
Source:
Lehmannflorida
Added: Jul 22
Changed: Oct 21
Last Checked: Oct 23 at 9:03AM
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 Keys to Legacy Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is offered for sale as a residential income property. The listing is categorized as duplexes, multifamily properties, and residential income properties.
The property is located at 2930 NW 8th St in Fort Lauderdale, Florida. The available information supports the unit type as a duplex and the fact that it is being marketed for sale; no additional interior, condition, or layout details were provided in the source materials.
For a complete picture of income potential and feasibility for your use, review the offering details and any available financials or building information associated with the sale listing.
The property is located at 2930 NW 8th St in Fort Lauderdale, Florida. The available information supports the unit type as a duplex and the fact that it is being marketed for sale; no additional interior, condition, or layout details were provided in the source materials.
For a complete picture of income potential and feasibility for your use, review the offering details and any available financials or building information associated with the sale listing.
Key Highlights
- Duplex for sale at 2930 NW 8th St, Fort Lauderdale
- Built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,837
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,740
$396.7K
Cap Rate 7%
$283,386
$283.4K
Cap Rate 9%
$220,411
$220.4K
Market Conditions
NOI Build-Up for 1,190 SF
Gross rent
$30.0K $25.20/SF
− Vacancy
−$1.6K −$1.39/SF
EGI
$28.3K $23.81/SF
− OpEx
−$8.5K −$7.14/SF
NOI
$19.8K $16.67/SF
Area
Fort Lauderdale, 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%
$396,740
Cap Rate 7%
$283,386
Cap Rate 9%
$220,411
Alternative Uses
Best Use
Multifamily LT 5
$283.4K
$248.0K – $330.6K
NOI $19,837 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$255.3K
$223.4K – $297.8K
NOI $17,869 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$799.7K
$699.7K – $933.0K
NOI $55,978 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
754
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - For sale duplex at 2930 NW 8th St, Fort Lauderdale, offering residential income potential.
Where is this duplex located?
The property is located at 2930 NW 8th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Duplex for sale at 2930 NW 8th St, Fort Lauderdale; Built in 1958
