Side-by-Side Duplex with Yard
For Sale
$500,000
Pending
4815 SW 65th Way, Davie, FL 33314
Two residential units provide distinct bedroom and bathroom layouts, with washer and dryer hookups and private outdoor yard areas.
Property Size1,929 SF
Days on Market58
Property Features for 4815 SW 65th Way
General Information
Standard status
Pending
Size
1,929 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
in-unit washer/dryer hookups
outdoor yard space
Building Details
Year Built
1971
Listing Agency:
Keller Williams Capital Realty
(305) 662-7325
Listed By:
Nordis D Forcade-Martin · License #3407305
(786) 372-3996
Source:
Lehmannflorida
Added: Aug 10
Changed: Oct 4
Last Checked: Oct 5 at 7:17PM
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 Keller Williams Capital Realty
Investment Insights
Based on property information with market context.
Built in 1971, this 1,929-square-foot duplex contains two side-by-side residential units with differing layouts. The first unit includes 2 bedrooms and 1 bathroom, while the second provides 2 bedrooms and 2 bathrooms. Both residences have in-unit washer and dryer hookups and outdoor yard space. The property is zoned RM-10 and is located at 4815 SW 65th Way in Davie, Florida.
The address places the duplex near major highways, dining, shopping, schools, hospitals, and places of worship. The configuration supports separate household occupancy within one property, subject to the applicable requirements. This is a probate sale requiring court approval.
The address places the duplex near major highways, dining, shopping, schools, hospitals, and places of worship. The configuration supports separate household occupancy within one property, subject to the applicable requirements. This is a probate sale requiring court approval.
Key Highlights
- 1,929‑square‑foot side‑by‑side duplex built in 1971
- Unit 1: 2 bedrooms and 1 bathroom
- Unit 2: 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,232
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,640
$424.6K
Cap Rate 7%
$303,314
$303.3K
Cap Rate 9%
$235,911
$235.9K
Market Conditions
NOI Build-Up for 1,929 SF
Gross rent
$31.2K $16.20/SF
− Vacancy
−$919 −$0.48/SF
EGI
$30.3K $15.72/SF
− OpEx
−$9.1K −$4.72/SF
NOI
$21.2K $11.01/SF
Area
Davie, FL
Vacancy
2.94%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,640
Cap Rate 7%
$303,314
Cap Rate 9%
$235,911
Alternative Uses
Best Use
Multifamily LT 5
$303.3K
$265.4K – $353.9K
NOI $21,232 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$280.2K
$245.2K – $326.9K
NOI $19,615 @ 7.0% cap · market cap 3.92%
Theoretical Best
Warehouse
$365.7K
$320.0K – $426.7K
NOI $25,601 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,026
Businesses Nearby
Explore this area
Business Placement
Demographics for 33314, FL
30,248
Population
12,041
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
3,437
Density / Sq Mi
$63,791
Median Household Income
$36,733
Median Earnings
$2,034
Median Rent
$347,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide distinct bedroom and bathroom layouts, with washer and dryer hookups and private outdoor yard areas.
Where is this duplex located?
The property is located at 4815 SW 65th Way Davie, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,929‑square‑foot side‑by‑side duplex built in 1971; Unit 1: 2 bedrooms and 1 bathroom; Unit 2: 2 bedrooms and 2 bathrooms
