Two-Unit Duplex with Private
5701 SW 27th Street, West Park, FL 33023
For Sale
$550,000
Two separately metered residences each include dedicated parking and a two-bedroom, one-bath layout.
Property Size1,697 SF
Price / SF$324.10
Days on Market65
Property Features for 5701 SW 27th Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
private entrance
dedicated parking
large backyard
Building Details
Year Built
Listing Agency:
Beachfront Realty Inc
(305) 534-4242
Listed By:
Maytal Brosh · License #3267851
(305) 370-9365
Source:
Miznerpartners
Added: Sep 3
Changed: Nov 6
Last Checked: Nov 6 at 3:01PM
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 Beachfront Realty Inc
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Investment Insights
Based on property information with market context.
Built in 1969, this duplex contains two residences, each with 2 bedrooms and 1 bathroom. Both units have private entrances, dedicated parking, and separate electric meters. The building totals 1,697 square feet and sits on a lot with a large backyard.
The property is at 5701 SW 27th Street in West Park, Florida, near major highways, shopping, dining, schools, and Seminole Hard Rock Hotel & Casino.
The property is at 5701 SW 27th Street in West Park, Florida, near major highways, shopping, dining, schools, and Seminole Hard Rock Hotel & Casino.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,697‑square‑foot duplex built in 1969
- Separate electric meter and private entrance for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,289
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,780
$565.8K
Cap Rate 7%
$404,129
$404.1K
Cap Rate 9%
$314,322
$314.3K
Market Conditions
NOI Build-Up for 1,697 SF
Gross rent
$42.8K $25.20/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$40.4K $23.81/SF
− OpEx
−$12.1K −$7.14/SF
NOI
$28.3K $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%
$565,780
Cap Rate 7%
$404,129
Cap Rate 9%
$314,322
Alternative Uses
Best Use
Multifamily LT 5
$404.1K
$353.6K – $471.5K
NOI $28,289 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$372.8K
$326.2K – $435.0K
NOI $26,099 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$861.0K
$753.3K – $1.00M
NOI $60,267 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,954
Businesses Nearby
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Broward County, FL
Properties on Market for Duplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered residences each include dedicated parking and a two-bedroom, one-bath layout.
Where is this duplex located?
The property is located at 5701 SW 27th Street West 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: Two 2‑bedroom, 1‑bath units; 1,697‑square‑foot duplex built in 1969; Separate electric meter and private entrance for each unit
