Triplex with New
7625 SW 10th Street, North Lauderdale, FL 33068
For Sale
$795,000
Three separately metered residences have tenants responsible for their own electricity.
Property Size2,760 SF
Price / SF$288.04
Days on Market269
Property Features for 7625 SW 10th Street
General Information
Standard status
Size
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Luxury Real Estate Group LLC
Listed By:
Jody P Hernandez · License #3168413
(561) 573-6768
Source:
Debuirerealty
Added: Feb 12
Changed: Nov 6
Last Checked: Nov 6 at 2:39PM
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 Luxury Real Estate Group LLC
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Investment Insights
Based on property information with market context.
This triplex contains three residences totaling 2,760 square feet. Built in 1972, the property received a new roof in 2025. Each unit is separately metered, and tenants pay their own electricity.
The property is located in North Lauderdale, with public transportation, shopping centers, restaurants, and schools nearby. It is also offered as part of a portfolio that includes two triplexes and one fourplex.
The property is located in North Lauderdale, with public transportation, shopping centers, restaurants, and schools nearby. It is also offered as part of a portfolio that includes two triplexes and one fourplex.
Key Highlights
- Three‑unit property totaling 2,760 square feet
- New roof installed in 2025
- Each residence is separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,009
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,180
$920.2K
Cap Rate 7%
$657,271
$657.3K
Cap Rate 9%
$511,211
$511.2K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$69.6K $25.20/SF
− Vacancy
−$3.8K −$1.39/SF
EGI
$65.7K $23.81/SF
− OpEx
−$19.7K −$7.14/SF
NOI
$46.0K $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%
$920,180
Cap Rate 7%
$657,271
Cap Rate 9%
$511,211
Alternative Uses
Best Use
Multifamily LT 5
$657.3K
$575.1K – $766.8K
NOI $46,009 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$606.4K
$530.6K – $707.5K
NOI $42,447 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,019 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
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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
$288,600
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Broward County, FL
Properties on Market for Triplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered residences have tenants responsible for their own electricity.
Where is this triplex located?
The property is located at 7625 SW 10th Street North Lauderdale, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Three‑unit property totaling 2,760 square feet; New roof installed in 2025; Each residence is separately metered
