Duplex with Private
For Sale
$599,000
311-315 NW 57th St, Oakland Park, FL 33309
Residential Income, Oakland Park, FL
Property Size2,380 SF
Price / SF$251.68
Days on Market46
Property Features for 311-315 NW 57th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RD-10
Bedrooms
6
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2
Parking
2
Subdivision
PATTERSON PARK 1ST ADD
Lot features
Flood Zone, < 1/4 Acre
Directions
From I-95, take the Commercial Blvd exit and head east. Turn left (north) onto Andrews Ave, then turn left (west) toward NW 57th St. Continue to 311-315 NW 57th St. Property will be located on NW 57th St. Please use GPS for the most direct route.
Standard status
Active
APN
494210070800
Size
2,380 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
PATTERSON PARK 1ST ADD 50-36 B LOT 7 LESS W 5 BLK 8
Tax Annual Amount
12084
Legal Description
PATTERSON PARK 1ST ADD 50-36 B LOT 7 LESS W 5 BLK 8
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Amenities
private laundry area
fenced backyard
front patio
covered rear patio
parking
Building Details
Year built
1967
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Buildings
1
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
(954) 358-6000
Listed By:
Franklin Barnes · License #3273253
(954) 805-9252
Added: Sep 21
Changed: Oct 23
Last Checked: Nov 5 at 11:06PM
MLS# A12091514
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 1967 block duplex contains 2,380 square feet across two separate residences, each configured with three bedrooms and one bathroom. One unit is tenant-occupied; the other is vacant. Both have private laundry areas, fenced backyards, front patios, covered rear patios, and parking. Interior updates include fresh paint and newer ceiling fans and light fixtures in both units, along with a newer air-conditioning system in one residence.
The property is offered in as-is condition. The listed improvements and equipment vary between the units, and buyers should evaluate the property through their own inspections and due diligence.
The property is offered in as-is condition. The listed improvements and equipment vary between the units, and buyers should evaluate the property through their own inspections and due diligence.
Key Highlights
- Two separate 3‑bedroom, 1‑bathroom units
- 2,380 square feet of building area
- One unit is rented; the second is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,674
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,480
$793.5K
Cap Rate 7%
$566,771
$566.8K
Cap Rate 9%
$440,822
$440.8K
Market Conditions
NOI Build-Up for 2,380 SF
Gross rent
$60.0K $25.20/SF
− Vacancy
−$3.3K −$1.39/SF
EGI
$56.7K $23.81/SF
− OpEx
−$17.0K −$7.14/SF
NOI
$39.7K $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%
$793,480
Cap Rate 7%
$566,771
Cap Rate 9%
$440,822
Alternative Uses
Best Use
Multifamily LT 5
$566.8K
$495.9K – $661.2K
NOI $39,674 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$522.9K
$457.5K – $610.1K
NOI $36,603 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,523 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,896
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
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 - One residence is occupied by a tenant, while the other is vacant for rental or owner use.
Where is this duplex located?
The property is located at 311-315 NW 57th St Oakland Park, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two separate 3‑bedroom, 1‑bathroom units; 2,380 square feet of building area; One unit is rented; the second is vacant
