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Two-Bedroom Duplex with Fenced Yard

7021 SW 19th Place, North Lauderdale, FL 33068

For Sale
$315,000

The 2-bedroom, 1-bath residence includes a private fenced backyard and has no HOA fees.

Property Size955 SF
Price / SF$329.84
Days on Market278

Property Features for 7021 SW 19th Place

General Information

Standard status Active
Size 955 SF
Property subtype Duplex

Additional Details

Highway Access Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,531

Amenities

fully fenced backyard

Building Details

Building Size 955 SF
Year Built 1970
Listing Agency: Coldwell Banker Realty
Listed By: Edner Francois · License #3367801
Source: Pamandtoni
Added: Feb 3 Changed: Nov 6 Last Checked: Nov 6 at 2:27PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 955-square-foot, 2-bedroom, 1-bath residence was built in 1970 and includes a fully fenced backyard. The property is in North Lauderdale, Florida, near shopping, schools, dining, and major highways. No HOA fees are reported.

Key Highlights

  • 955‑square‑foot residence
  • 2 bedrooms and 1 bathroom
  • Built in 1970

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,920
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,400 $318.4K
Cap Rate 7%
$227,429 $227.4K
Cap Rate 9%
$176,889 $176.9K
Market Conditions
NOI Build-Up for 955 SF
Gross rent
$24.1K $25.20/SF
− Vacancy
−$1.3K −$1.39/SF
EGI
$22.7K $23.81/SF
− OpEx
−$6.8K −$7.14/SF
NOI
$15.9K $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%
$318,400
Cap Rate 7%
$227,429
Cap Rate 9%
$176,889

Alternative Uses

Best Use
Multifamily LT 5
$227.4K
$199.0K – $265.3K (±1% cap)
NOI $15,920 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$209.8K
$183.6K – $244.8K (±1% cap)
NOI $14,687 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$484.5K
$424.0K – $565.3K (±1% cap)
NOI $33,916 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

705
Businesses Nearby

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

$417 Jul
$401 Aug
$385 Sep
$391 Oct

Properties on Market for Duplexes in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The 2-bedroom, 1-bath residence includes a private fenced backyard and has no HOA fees.
Where is this duplex located?
The property is located at 7021 SW 19th Place North Lauderdale, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 955‑square‑foot residence; 2 bedrooms and 1 bathroom; Built in 1970
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Includes: Price & PSF · Cap rate · Location · Zoning

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