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    Two-Unit Duplex with Separate Meters Title is generated by Realmo AI

    608-612 NE 21st Court, Wilton Manors, FL 33305

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    For Sale
    $799,000

    MULTI_FAMILY - Wilton Manors, FL

    Property size:
    2,258 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $353/SF
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 5:06 pm

    Property Features for 608-612 NE 21st Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RD-10
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
    Window features
    Blinds
    Patio and Porch features
    Porch
    Pets allowed
    Yes, No
    Pool private
    1
    Exterior features
    Garden
    Fencing
    Fenced
    Standard status
    Active
    APN
    494227080280
    Size
    2,258 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    TROPICAL GARDENS AMEN PLAT 34-41 B LOT 1 BLK 5
    Tax Annual Amount
    7848

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1959
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    CBS, Concrete Block - With Stucco
    Roof type
    Shingle

    We can help!

    Listing Contact
    Adrienne M Foland
    Adrienne M Foland

    Listing agent Adrienne M Foland License #3063306

    Listing office Balistreri Real Estate Inc 4090 N Ocean Blvd., Pompano Beach, FL

    Listing date Jun 4, 2026

    MLS# B26036864 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex with two 2BR/1BA units, each side has its own laundry rooms
    • Each unit has separate electrical and water meters
    • 612 side features a private pool and a 2‑car garage
    • 608 side is rented for $2,300/mo
    • Screened porches, fenced yards, and tile flooring throughout
    • 1959 CBS concrete block with stucco construction; central heat and central A/C; shingle roof

    Overview

    This duplex offers two separate 2-bedroom, 1-bath residences, with each side including its own laundry room, screened porch, and yard space. The units also have separate electrical and water meters, supporting independent use or management. The 612 side includes a private pool and a 2-car garage, while the 608 side is currently rented at $2,300 per month.

    Located at 608-612 NE 21st Court in Wilton Manors, the property is listed in RD-10 zoning and sits just one block off Wilton Drive. The immediate area includes Hagen Park, with sand volleyball courts, and the Arts & Cultural Center nearby.

    For buyers and operators, the configuration provides straightforward flexibility, whether seeking an owner-occupied setup or retaining the existing rental arrangement. Because both units function independently with separate meters, the property can work for multi-generational living or for converting one side to a short-term rental strategy, subject to applicable rules and regulations. The duplex layout and dedicated outdoor and laundry areas are designed to support tenant comfort while keeping day-to-day operations separated between the two units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Wilton Manors
    County
    Broward
    State
    Florida
    Longitude
    -80.137938
    Latitude
    26.153808

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    FAQs

    What type of property is this?
    Duplex - Two 2BR/1BA units each with private laundry, screened porches, and yards, plus separate electric and water meters.
    Where is this duplex located?
    The property is located at 608-612 NE 21st Court Wilton Manors, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Duplex with two 2BR/1BA units, each side has its own laundry rooms; Each unit has separate electrical and water meters; 612 side features a private pool and a 2‑car garage
    (954) 205-6594
    We can help!
    Listing Contact
    Adrienne M Foland
    Adrienne M Foland
    Real Estate License ID: 3063306
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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