Single-Story
6150 SW 34th Street #1-2, Miramar, FL 33023
For Sale
$599,000
RM4 zoning and a two-unit layout define this residential income property.
Property Size1,669 SF
Price / SF$358.90
Days on Market23
Property Features for 6150 SW 34th Street #1-2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Courtyard
Outdoor Living Area
Other
Uncovered Courtyard
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
The Keyes Company
(954) 475-9813
Listed By:
Yvonne Miller · License #0407206
(954) 815-1591
Source:
Cranereedproperties
Added: Oct 15
Changed: Nov 6
Last Checked: Nov 6 at 2:48PM
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 The Keyes Company
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Investment Insights
Based on property information with market context.
This single-story duplex at 6150 SW 34th Street #1-2 in Miramar, Florida, contains 1,669 square feet. The property was built in 1972 and is zoned RM4.
Key Highlights
- Two‑unit residential property
- 1,669 square feet in a single‑story layout
- Built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,595
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,900
$391.9K
Cap Rate 7%
$279,929
$279.9K
Cap Rate 9%
$217,722
$217.7K
Market Conditions
NOI Build-Up for 1,669 SF
Gross rent
$28.8K $17.28/SF
− Vacancy
−$848 −$0.51/SF
EGI
$28.0K $16.77/SF
− OpEx
−$8.4K −$5.03/SF
NOI
$19.6K $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%
$391,900
Cap Rate 7%
$279,929
Cap Rate 9%
$217,722
Alternative Uses
Best Use
Multifamily LT 5
$279.9K
$244.9K – $326.6K
NOI $19,595 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$245.5K
$214.8K – $286.4K
NOI $17,185 @ 7.0% cap · market cap 2.87%
Theoretical Best
Specialty Retail
$776.7K
$679.6K – $906.2K
NOI $54,369 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,954
Businesses Nearby
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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
$344,500
Median Home Value
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Market
Average Price Trend$/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 - RM4 zoning and a two-unit layout define this residential income property.
Where is this duplex located?
The property is located at 6150 SW 34th Street #1-2 Miramar, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit residential property; 1,669 square feet in a single‑story layout; Built in 1972
