Duplex with Impact-Glass
For Sale
$499,000
3467 NE 13th Avenue A+B, Oakland Park, FL 33334
Two one-bedroom units each include a kitchen, family room, private patio, and laundry facilities.
Property Size1,100 SF
Price / SF$453.64
Days on Market158
Property Features for 3467 NE 13th Avenue A+B
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
in need of interior renovation
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,841
Amenities
back patio
in-unit laundry
Building Details
Building Size
1,100 SF
Year Built
1960
Listing Agency:
LoKation
Listed By:
Henrik Hesselman · License #3017889
(954) 336-7007
Source:
Irgflorida
Added: May 28
Changed: Oct 27
Last Checked: Oct 31 at 8:50PM
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 LoKation
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1960 duplex contains two one-bedroom, one-bathroom units, each with a kitchen, family room, rear patio, and separate laundry facilities. Interior renovation is needed. The roof was replaced in 2021, and the doors and windows were also replaced that year with hurricane-impact glass; the work was completed with permits.
The property is in Oakland Park’s Downtown Development District and is described as multiuse-zoned. Restaurants, shops, and entertainment venues are within walking distance.
The property is in Oakland Park’s Downtown Development District and is described as multiuse-zoned. Restaurants, shops, and entertainment venues are within walking distance.
Key Highlights
- Two units, each with one bedroom and one bathroom
- 2021 roof replacement
- Doors and windows replaced in 2021 with permitted hurricane‑impact glass
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,337
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,740
$366.7K
Cap Rate 7%
$261,957
$262.0K
Cap Rate 9%
$203,744
$203.7K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$27.7K $25.20/SF
− Vacancy
−$1.5K −$1.39/SF
EGI
$26.2K $23.81/SF
− OpEx
−$7.9K −$7.14/SF
NOI
$18.3K $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%
$366,740
Cap Rate 7%
$261,957
Cap Rate 9%
$203,744
Alternative Uses
Best Use
Multifamily LT 5
$262.0K
$229.2K – $305.6K
NOI $18,337 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$241.7K
$211.5K – $282.0K
NOI $16,917 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$558.1K
$488.3K – $651.1K
NOI $39,065 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom units each include a kitchen, family room, private patio, and laundry facilities.
Where is this duplex located?
The property is located at 3467 NE 13th Avenue A+B Oakland Park, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two units, each with one bedroom and one bathroom; 2021 roof replacement; Doors and windows replaced in 2021 with permitted hurricane‑impact glass
