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Refreshed Duplex
New
For Sale
$549,999

5610-5610 Nw 14th Ct, Lauderhill, FL 33313

Each residence has a separate water meter, and both air-conditioning systems were installed four years ago.

Property Size1,851 SF
Price / SF$297.14
Days on Market4

Property Features for 5610-5610 Nw 14th Ct

General Information

Standard status Active
Size 1,851 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,541
Listing Agency: Prag Realtors
Listed By: Dieudonne Louis Jeune · License #688882
Source: Exprealty
Added: Oct 18 Changed: Oct 21 Last Checked: Oct 21 at 2:02AM

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 Prag Realtors

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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 duplex has two separately metered residences. Both air-conditioning systems were installed four years ago; the shingle roof dates to three years ago, and the driveway was replaced one year ago. The exterior has also received new paint.

Both residences are leased. The unit at 5610 is leased through June 14, 2027, and the unit at 5614 is leased through September 30, 2027.

Key Highlights

  • Two duplex residences, each with a separate water meter
  • Both air‑conditioning systems installed 4 years ago
  • Shingle roof is 3 years old

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,856
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,120 $617.1K
Cap Rate 7%
$440,800 $440.8K
Cap Rate 9%
$342,844 $342.8K
Market Conditions
NOI Build-Up for 1,851 SF
Gross rent
$46.6K $25.20/SF
− Vacancy
−$2.6K −$1.39/SF
EGI
$44.1K $23.81/SF
− OpEx
−$13.2K −$7.14/SF
NOI
$30.9K $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%
$617,120
Cap Rate 7%
$440,800
Cap Rate 9%
$342,844

Alternative Uses

Best Use
Multifamily LT 5
$440.8K
$385.7K – $514.3K (±1% cap)
NOI $30,856 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$406.7K
$355.8K – $474.5K (±1% cap)
NOI $28,467 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$939.1K
$821.7K – $1.10M (±1% cap)
NOI $65,736 @ 7.0% cap · market cap 11.95%
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

814
Businesses Nearby

Demographics for 33313, FL

63,284
Population
25,312
Households
2.5
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
10,045
Density / Sq Mi
$45,408
Median Household Income
$30,872
Median Earnings
$1,608
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a separate water meter, and both air-conditioning systems were installed four years ago.
Where is this duplex located?
The property is located at 5610-5610 Nw 14th Ct Lauderhill, FL.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two duplex residences, each with a separate water meter; Both air‑conditioning systems installed 4 years ago; Shingle roof is 3 years old
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