Duplex with In-Unit
New
For Sale
$530,000
565 NE 32nd St, Oakland Park, FL 33334
Residential Income, Oakland Park, FL
Property Size1,078 SF
Price / SF$491.65
Days on Market5
Property Features for 565 NE 32nd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
R-2
Bedrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Parking
3
Subdivision
OAKLAND PARK SECOND ADD
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
494223055830
Size
1,078 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
OAKLAND PARK SECOND ADD 1-39 B LOT 20 BLK 80
Tax Annual Amount
10664
Legal Description
OAKLAND PARK SECOND ADD 1-39 B LOT 20 BLK 80
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
in-unit washer and dryer
Building Details
Year built
1957
Floors in Building
1
Flooring type
Laminate
Building materials
CBSConcreteBlockStructure, Block
Roof type
Tar/Gravel
Listing Agency:
Canvas Real Estate
(954) 282-6350
Listed By:
Alisha Hinds · License #3292369
(954) 633-8023
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 13 at 6:06PM
MLS# A12102784
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Oakland Park, this 1,078-square-foot duplex contains two one-bedroom, one-bathroom residences. Both feature laminate flooring, quartz countertops, stainless steel appliances and renovated bathrooms. Each unit also has its own washer and dryer. The building dates to 1957 and has a concrete block structure, central heating and central air conditioning.
The occupancy arrangement includes one unit under an annual lease and a second on a month-to-month basis. There is no HOA. Public sewer serves the property, and cable is available.
The occupancy arrangement includes one unit under an annual lease and a second on a month-to-month basis. There is no HOA. Public sewer serves the property, and cable is available.
Key Highlights
- Two units, each with one bedroom and one bathroom
- 1,078 square feet total
- Individual in‑unit washer and dryer in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,970
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,400
$359.4K
Cap Rate 7%
$256,714
$256.7K
Cap Rate 9%
$199,667
$199.7K
Market Conditions
NOI Build-Up for 1,078 SF
Gross rent
$27.2K $25.20/SF
− Vacancy
−$1.5K −$1.39/SF
EGI
$25.7K $23.81/SF
− OpEx
−$7.7K −$7.14/SF
NOI
$18.0K $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%
$359,400
Cap Rate 7%
$256,714
Cap Rate 9%
$199,667
Alternative Uses
Best Use
Multifamily LT 5
$256.7K
$224.6K – $299.5K
NOI $17,970 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$236.8K
$207.2K – $276.3K
NOI $16,579 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$546.9K
$478.6K – $638.1K
NOI $38,284 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,613
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom homes combine updated interiors with private washers and dryers.
Where is this duplex located?
The property is located at 565 NE 32nd St Oakland Park, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two units, each with one bedroom and one bathroom; 1,078 square feet total; Individual in‑unit washer and dryer in each residence
