Renovated Duplex with Shared
For Sale
$365,000
3380 Nw 8th St, Lauderhill, FL 33311
Two residential units feature updated interiors, separate utility payments, and shared on-site laundry.
Property Size1,226 SF
Price / SF$297.72
Days on Market65
Property Features for 3380 Nw 8th St
General Information
Standard status
Active
Size
1,226 SF
Property subtype
Residential
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,486
Amenities
shared washer and dryer
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Ashley Brosky · License #3513561
(305) 788-3720
Source:
Exprealty
Added: Aug 25
Changed: Oct 25
Last Checked: Oct 28 at 12:45PM
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 Luxe Properties
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Investment Insights
Based on property information with market context.
This duplex contains two residential units within 1,226 square feet. The property has been fully renovated, with updated interiors in each unit and shared washer and dryer equipment available on site. One tenant is currently in place under long-term lease terms, while utilities are paid separately.
The asset is located in Lauderhill, Florida. Its two-unit configuration, completed renovations, and shared laundry area provide a straightforward residential income property format.
The asset is located in Lauderhill, Florida. Its two-unit configuration, completed renovations, and shared laundry area provide a straightforward residential income property format.
Key Highlights
- Two‑unit duplex totaling 1,226 square feet
- Fully renovated interiors in each unit
- One tenant in place under long‑term leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,437
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,740
$408.7K
Cap Rate 7%
$291,957
$292.0K
Cap Rate 9%
$227,078
$227.1K
Market Conditions
NOI Build-Up for 1,226 SF
Gross rent
$30.9K $25.20/SF
− Vacancy
−$1.7K −$1.39/SF
EGI
$29.2K $23.81/SF
− OpEx
−$8.8K −$7.14/SF
NOI
$20.4K $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%
$408,740
Cap Rate 7%
$291,957
Cap Rate 9%
$227,078
Alternative Uses
Best Use
Multifamily LT 5
$292.0K
$255.5K – $340.6K
NOI $20,437 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$269.4K
$235.7K – $314.3K
NOI $18,855 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$622.0K
$544.3K – $725.7K
NOI $43,540 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
654
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature updated interiors, separate utility payments, and shared on-site laundry.
Where is this duplex located?
The property is located at 3380 Nw 8th St Lauderhill, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,226 square feet; Fully renovated interiors in each unit; One tenant in place under long‑term leases
