Updated Income Duplex For
3042 NE 13th Ave Oakland Park, FL 33334
3042 NE 13th Ave, Oakland Park, FL, 33334
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For Sale
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Updated duplex with new roof, relined plumbing, and brand-new central A/C, ready for immediate occupancy or rental.
Property Size1,678 SF
Price / SF$476.16
Days on Market127
Property Features for 3042 NE 13th Ave
General Information
- Standard status
- Active
- Size
- 1,678 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agency
The Brokerage South Florida Real Estate, LLC.
Listed by
Eli Jacoby · License #3570436
Source
Crexi
Added: Mar 19 Updated: Jul 21 at 1:37AM Checked: Jul 22 at 6:21PM
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 The Brokerage South Florida Real Estate, LLC.
Investment Insights
Based on property information with market context.
This updated duplex offers an income-producing setup and includes major system improvements: a new roof, relined plumbing, and a brand-new central A/C system. The property has been positioned for immediate occupancy or rental use, with recent updates intended to reduce near-term maintenance concerns.
Located in Oakland Park near Wilton Manors and just minutes from Fort Lauderdale Beach, the duplex benefits from convenient access to established and growing parts of the area.
Certain images have been virtually staged; furniture, décor, and design elements shown are for illustrative purposes only and may not reflect the current condition of the property.
Located in Oakland Park near Wilton Manors and just minutes from Fort Lauderdale Beach, the duplex benefits from convenient access to established and growing parts of the area.
Certain images have been virtually staged; furniture, décor, and design elements shown are for illustrative purposes only and may not reflect the current condition of the property.
Key Highlights
- Updated duplex built in 1965.
- New roof installed.
- Plumbing relined.
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 | $42.3k | $25.20 |
| − Vacancy | −$2.3k | −$1.39 |
| EGI | $40.0k | $23.81 |
| − OpEx | −$12.0k | −$7.14 |
| NOI | $28.0k | $16.67 |
1,678 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$399.6K
$349.7K – $466.2K
NOI $27,972 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$368.7K
$322.6K – $430.1K
NOI $25,806 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$851.3K
$744.9K – $993.2K
NOI $59,592 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Updated duplex with new roof, relined plumbing, and brand-new central A/C, ready for immediate occupancy or rental.
Where is this duplex located?
The property is located at 3042 NE 13th Ave Oakland Park, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Updated duplex built in 1965.; New roof installed.; Plumbing relined.
