Duplex Portfolio with Private
For Sale
$2,990,000
3450-3470 NW 17th Ter, Oakland Park, FL 33309
Residential Income, Oakland Park, FL
Property Size11,652 SF
Price / SF$256.61
Days on Market93
Property Features for 3450-3470 NW 17th Ter
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RM-25
Bedrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Parking
12
Patio and Porch features
Deck
Exterior features
Balcony, Deck
Subdivision
SEACREST ISLES 1 ADD
Lot features
Flood Zone
Standard status
Active
APN
494221230115
Size
11,652 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SEACREST ISLES 1 ADD 77-40 B ELY 36.73 LOT 12
Tax Annual Amount
10649
Legal Description
SEACREST ISLES 1 ADD 77-40 B ELY 36.73 LOT 12
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Water front
1
Building Details
Year built
2007
Floors in Building
2
Flooring type
Tile - Porcelian
Building materials
CBS (Concrete Block Structure), Block
Roof type
Barrel
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Alain Arwas · License #3209269
(954) 673-6415
Added: Jul 25
Changed: Oct 19
Last Checked: Oct 25 at 2:06PM
MLS# A12001593
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.
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Investment Insights
Based on property information with market context.
This Oakland Park offering combines six side-by-side homes in one package. Built in 2007, each residence contains 1,947 square feet of living area, four bedrooms, 2.5 bathrooms, and a garage. Individual electric and water meters serve each home, and each has its own folio number. There are no HOA fees.
Interior details include high-impact glass windows, 9-foot ceilings, a staircase skylight, and granite kitchen countertops. Each home also features a primary suite with a Roman tub, along with a private balcony and patio with water views. The homes sit on a cul-de-sac, with parks nearby.
Interior details include high-impact glass windows, 9-foot ceilings, a staircase skylight, and granite kitchen countertops. Each home also features a primary suite with a Roman tub, along with a private balcony and patio with water views. The homes sit on a cul-de-sac, with parks nearby.
Key Highlights
- Six side‑by‑side homes offered together
- Each home has 1,947 square feet of living area, four bedrooms, and 2.5 bathrooms
- Built in 2007; each residence includes a garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,237
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,884,740
$3.9M
Cap Rate 7%
$2,774,814
$2.8M
Cap Rate 9%
$2,158,189
$2.2M
Market Conditions
NOI Build-Up for 11,652 SF
Gross rent
$293.6K $25.20/SF
− Vacancy
−$16.1K −$1.39/SF
EGI
$277.5K $23.81/SF
− OpEx
−$83.2K −$7.14/SF
NOI
$194.2K $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%
$3,884,740
Cap Rate 7%
$2,774,814
Cap Rate 9%
$2,158,189
Alternative Uses
Best Use
Multifamily LT 5
$2.77M
$2.43M – $3.24M
NOI $194,237 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$2.56M
$2.24M – $2.99M
NOI $179,200 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$5.91M
$5.17M – $6.90M
NOI $413,809 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,360
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Six individually metered residences offer four-bedroom layouts, garages, and no HOA fees.
Where is this duplex located?
The property is located at 3450-3470 NW 17th Ter Oakland Park, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Six side‑by‑side homes offered together; Each home has 1,947 square feet of living area, four bedrooms, and 2.5 bathrooms; Built in 2007; each residence includes a garage
