Duplex with Three
New
For Sale
$550,000
4320 NW 21ST Avenue, Oakland Park, FL 33309
Recent improvements include a new roof and refreshed plumbing and electrical systems; reconfiguration would require applicable approvals.
Property Size1,506 SF
Price / SF$365.21
Days on Market7
Property Features for 4320 NW 21ST Avenue
General Information
Standard status
Active
Size
1,506 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
0.14 acres, Less Than 1/4 Acre Lot, Less Than 1 Acre
Comp Shingle Roof, Composition Roll, Shingle
Public Sewer, Public Sanitation, Sewer
Parcel Number: 494221120040, Annual Amount: $10,276, Legal Description: TAMARAC FOREST 57-17 B LOT 4 BLK 1, Year: 2025, Zoning: R-2
Tile
Central Air
Central
Listing ID: B26095057, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-30, 1 day on market
Elementary School: Lloyd Estates, Middle School: James S. Rickards, High School: Northeast
Built in 1963, Year Built Details: Resale, Living area: 1506, Living area units: Square Feet, 1 storey, Levels: 1, Construction Materials: CBS Construction, Slab Construction
Subdivision: TAMARAC FOREST, MLS Area (Major): Tamarac Forest, County/Parish: Broward County
Leasable area units: Square Feet
2 units in community, Gas Metered
Cable Connected, Cable Available, Water Source: Public
Allowed: Yes
Water
Association Fee: $0
Building Details
Year Built
1963
Year Renovated
2023
Listing Agency:
Real Estate To The Max, LLC
Listed By:
Glenda Dehye · License #3186038
(772) 267-2587
Source:
Riserealty
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 4 at 4:31PM
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 Real Estate To The Max, LLC
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 1,506-square-foot duplex was renovated in 2023. A new roof was installed in 2025, and plumbing and electrical systems were updated that year. Three separate entrances create the possibility of changing the layout to accommodate three units, subject to zoning and local approvals.
The property is near public transportation, shopping, major highways, and everyday services. It was built in 1963.
The property is near public transportation, shopping, major highways, and everyday services. It was built in 1963.
Key Highlights
- 1,506 square feet arranged as a duplex
- Three separate entrances; conversion to three units is subject to zoning and local approvals
- Renovated in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,105
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,100
$502.1K
Cap Rate 7%
$358,643
$358.6K
Cap Rate 9%
$278,944
$278.9K
Market Conditions
NOI Build-Up for 1,506 SF
Gross rent
$38.0K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$35.9K $23.81/SF
− OpEx
−$10.8K −$7.14/SF
NOI
$25.1K $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%
$502,100
Cap Rate 7%
$358,643
Cap Rate 9%
$278,944
Alternative Uses
Best Use
Multifamily LT 5
$358.6K
$313.8K – $418.4K
NOI $25,105 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$330.9K
$289.5K – $386.0K
NOI $23,161 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$764.1K
$668.6K – $891.4K
NOI $53,484 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,818
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Recent improvements include a new roof and refreshed plumbing and electrical systems; reconfiguration would require applicable approvals.
Where is this duplex located?
The property is located at 4320 NW 21ST Avenue Oakland Park, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,506 square feet arranged as a duplex; Three separate entrances; conversion to three units is subject to zoning and local approvals; Renovated in 2023
