Duplex with Two 1BR
4385 NE 13th Avenue Oakland Park, FL 33334
4385 NE 13th Avenue, Oakland Park, FL, 33334
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For Sale
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Duplex offering two 1 bed, 1 bath units, including one updated unit and one ready for renovation.
Property Size1,144 SF
Price / SF$392.48
Days on Market169
Property Features for 4385 NE 13th Avenue
General Information
- Standard status
- Active
- Size
- 1,144 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing agency
Better Homes & Gdns RE Fla 1st
(954) 294-1569
Listed by
Todd Greeninger · License #3217723
Source
Crexi
Added: Feb 4 Updated: Jul 21 at 1:22AM Checked: Jul 22 at 11:20AM
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 Better Homes & Gdns RE Fla 1st
Investment Insights
Based on property information with market context.
This duplex contains two 1 bedroom, 1 bathroom units. One unit was updated in 2020 with new appliances, countertops, flooring, A/C units, and in-unit laundry. The second unit is ready for renovation to help maximize rental potential.
The property includes impact windows and doors, four front parking spaces, and spacious backyards with paver patios. Pipes were redone in 2025.
Conveniently located east of Dixie Highway, the address is close to Oakland Park’s Culinary Arts District and Federal Highway shopping and dining, with the beach about ten minutes away. Cash-only sale.
The property includes impact windows and doors, four front parking spaces, and spacious backyards with paver patios. Pipes were redone in 2025.
Conveniently located east of Dixie Highway, the address is close to Oakland Park’s Culinary Arts District and Federal Highway shopping and dining, with the beach about ten minutes away. Cash-only sale.
Key Highlights
- Duplex built in 1964 with two 1 bed, 1 bath units
- Unit updated in 2020 with new appliances, countertops, flooring, A/C units, and in‑unit laundry
- Second unit is ready for renovation to maximize rental potential
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $25.20 |
| − Vacancy | −$1.6k | −$1.39 |
| EGI | $27.2k | $23.81 |
| − OpEx | −$8.2k | −$7.14 |
| NOI | $19.1k | $16.67 |
1,144 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$272.4K
$238.4K – $317.8K
NOI $19,070 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$251.3K
$219.9K – $293.2K
NOI $17,594 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$580.4K
$507.9K – $677.1K
NOI $40,628 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offering two 1 bed, 1 bath units, including one updated unit and one ready for renovation.
Where is this duplex located?
The property is located at 4385 NE 13th Avenue Oakland Park, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Duplex built in 1964 with two 1 bed, 1 bath units; Unit updated in 2020 with new appliances, countertops, flooring, A/C units, and in‑unit laundry; Second unit is ready for renovation to maximize rental potential
