Updated
6971 SW 19th Street, North Lauderdale, FL 33068
For Sale
$340,000
Recent kitchen work, a newer roof, and newer A/C are among the property’s documented improvements.
Property Size1,054 SF
Price / SF$322.58
Days on Market16
Property Features for 6971 SW 19th Street
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Realty
Listed By:
Angie Paola Ayure · License #3440727
(954) 553-5396
Source:
Pamandtoni
Added: Oct 23
Changed: Nov 6
Last Checked: Nov 6 at 2:01PM
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 Coldwell Banker 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.
This duplex was built in 1970 and has a reported property size of 1,054. Recent work includes paint and kitchen updates, while the flooring is described as well maintained. The roof and A/C are newer. The property is at 6971 SW 19th Street in North Lauderdale, Florida, near shopping, dining, and major roadways.
Key Highlights
- Reported property size of 1,054
- Built in 1970
- Kitchen updates and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,570
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,400
$351.4K
Cap Rate 7%
$251,000
$251.0K
Cap Rate 9%
$195,222
$195.2K
Market Conditions
NOI Build-Up for 1,054 SF
Gross rent
$26.6K $25.20/SF
− Vacancy
−$1.5K −$1.39/SF
EGI
$25.1K $23.81/SF
− OpEx
−$7.5K −$7.14/SF
NOI
$17.6K $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%
$351,400
Cap Rate 7%
$251,000
Cap Rate 9%
$195,222
Alternative Uses
Best Use
Multifamily LT 5
$251.0K
$219.6K – $292.8K
NOI $17,570 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$231.6K
$202.6K – $270.2K
NOI $16,210 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$534.7K
$467.9K – $623.9K
NOI $37,432 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 33068, FL
53,137
Population
19,760
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
83%
High-School Grad
6.4 sq mi
ZIP Area
8,303
Density / Sq Mi
$63,688
Median Household Income
$33,524
Median Earnings
$1,893
Median Rent
$288,600
Median Home Value
Market
Average Price Trend$/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 - Recent kitchen work, a newer roof, and newer A/C are among the property’s documented improvements.
Where is this duplex located?
The property is located at 6971 SW 19th Street North Lauderdale, FL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Reported property size of 1,054; Built in 1970; Kitchen updates and fresh paint
