Duplex with In-Unit
For Sale
$425,000
Pending
6021 SW 36th Ct & W #E, Miramar, FL 33023
RM4-zoned property has two occupied residences, each with its own laundry appliances and separate electric meter.
Property Size1,699 SF
Days on Market10
Property Features for 6021 SW 36th Ct & W #E
General Information
Standard status
Pending
Size
1,699 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
RM4
Occupancy
100%
Financials
Gross Income
$48,000
Average Monthly Rent
$2,000
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,467
Amenities
washer and dryer
hurricane panels
large backyard
Building Details
Building Size
1,699 SF
Year Built
1974
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Real Broker LLC
Listed By:
Lance Randall · License #3360096
(954) 214-8263
Source:
Laerrealty
Added: Sep 28
Changed: Oct 3
Last Checked: Oct 5 at 3:48PM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
Built in 1974, this 1,699-square-foot duplex contains two residences, each configured with two bedrooms and one bathroom. Both units have kitchens with a refrigerator, range/oven, microwave, and dishwasher, plus an in-unit washer and dryer. Separate electric meters serve the residences, and hurricane panels and a large backyard are included.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,699 square feet; built in 1974
- Separate electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,947
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,940
$398.9K
Cap Rate 7%
$284,957
$285.0K
Cap Rate 9%
$221,633
$221.6K
Market Conditions
NOI Build-Up for 1,699 SF
Gross rent
$29.4K $17.28/SF
− Vacancy
−$863 −$0.51/SF
EGI
$28.5K $16.77/SF
− OpEx
−$8.5K −$5.03/SF
NOI
$19.9K $11.74/SF
Area
Miramar, FL
Vacancy
2.94%
Lease Rate
$17.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,940
Cap Rate 7%
$284,957
Cap Rate 9%
$221,633
Alternative Uses
Best Use
Multifamily LT 5
$285.0K
$249.3K – $332.5K
NOI $19,947 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$249.9K
$218.7K – $291.6K
NOI $17,494 @ 7.0% cap · market cap 4.12%
Theoretical Best
Specialty Retail
$790.7K
$691.8K – $922.5K
NOI $55,347 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
567
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - RM4-zoned property has two occupied residences, each with its own laundry appliances and separate electric meter.
Where is this duplex located?
The property is located at 6021 SW 36th Ct & W #E Miramar, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,699 square feet; built in 1974; Separate electric meters for each unit
