Two-Bedroom Residential Income
634 NW 42ND Street, Oakland Park, FL 33309
For Sale
Contact for pricing
The rental includes two bedrooms, one bathroom, and water and electric service.
Property Size1,460 SF
Price / SF$1.37
Days on Market8
Property Features for 634 NW 42ND Street
General Information
Standard status
Size
Property subtype
Amenities
0.32 acres, 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
Comp Shingle Roof, Shingle
Public Sewer, Public Sanitation, Sewer
Parcel Number: 494222081800, Annual Amount: $7,666, Legal Description: PROSPECT GARDENS 22-26 B LOT 3 W1/2 BLK 8, Year: 2025, Zoning: R-1
Tile
Central Air
Central
Listing ID: B26096972, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-11-02, 4 days on market
Elementary School: Lloyd Estates, Middle School: James S. Rickards, High School: Northeast
Built in 1950, Living area: 1460, Living area units: Square Feet, 1 storey, Construction Materials: CBS Construction
Subdivision: PROSPECT GARDENS, MLS Area (Major): Prospect Gardens, County/Parish: Broward County
Leasable area units: Square Feet
2 units in community
Electricity Available, Water Available, Water Source: Public
Allowed: Yes
Water
Association Fee: $0
Building Details
Year Built
Listing Agency:
TSI Realty
Listed By:
Louis-Marie Vildor · License FL #3106682
(561) 249-1206
Source:
Riserealty
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 3:39PM
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 TSI Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The available rental is a two-bedroom, one-bathroom portion of a house; the full house is not included. Water and electric service are covered as part of the rental arrangement. The property was built in 1950 and is located at 634 NW 42nd Street in Oakland Park, Florida.
Key Highlights
- Rental offering covers a two‑bedroom, one‑bathroom portion of the house, not the entire residence
- Water and electric service included
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,310
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,200
$446.2K
Cap Rate 7%
$318,714
$318.7K
Cap Rate 9%
$247,889
$247.9K
Market Conditions
NOI Build-Up for 1,460 SF
Gross rent
$42.9K $29.40/SF
− Vacancy
−$2.4K −$1.62/SF
EGI
$40.6K $27.78/SF
− OpEx
−$18.3K −$12.50/SF
NOI
$22.3K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,200
Cap Rate 7%
$318,714
Cap Rate 9%
$247,889
Alternative Uses
Best Use
Apartment 5plus
$318.7K
$278.9K – $371.8K
NOI $22,310 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$740.7K
$648.1K – $864.2K
NOI $51,850 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Oakland Park, FL
Properties on Market for Residential income properties in Oakland Park
Frequently Asked Questions
What type of property is this?
Residential income property - The rental includes two bedrooms, one bathroom, and water and electric service.
Where is this residential income property located?
The property is located at 634 NW 42ND Street Oakland Park, FL.
What are key features of this property?
This property features: Rental offering covers a two‑bedroom, one‑bathroom portion of the house, not the entire residence; Water and electric service included; Built in 1950
