Renovated
For Sale
$843,000
Pending
8971 Northwest 33rd Street Unit EW, Coral Springs, FL 33065
Two separate residences offer a renovated 2-bedroom unit and a second 3-bedroom unit with recent updates.
Property Size3,222 SF
Days on Market75
Property Features for 8971 Northwest 33rd Street Unit EW
General Information
Standard status
Pending
Size
3,222 SF
Property subtype
Residential Income / Duplex
Units
Unit Mix
1 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$14,715
Amenities
screened Florida room
large fenced yard
No
Central Air
Central
1.0
Ceramic Tile, Concrete, Tile
1
2
Patio, Porch, Terrace
Brick
One
Tile
Back Yard, Fenced, Vinyl
Duplex
Storage
Yes
Terrace, Porch, Patio, Porch - Screened, Patio - Open
Building Details
Year Built
1973
Listing Agency:
Avanti Way Realty LLC
Listed By:
Shawndra L Smialek · License #3068887
(305) 746-5302
Source:
Compass
Added: Aug 15
Changed: Oct 27
Last Checked: Oct 27 at 4:46AM
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 Avanti Way Realty LLC
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.
Built in 1973, this duplex contains two residences: a renovated 2-bedroom, 2-bathroom unit and a 3-bedroom, 2-bathroom unit with recent updates. The renovated residence features ceramic tile, granite kitchen counters, central air, and a screened Florida room. A fenced backyard and storage add to the property’s outdoor and utility features. A new tile roof is included.
The second residence is leased for $2,500 per month.
The second residence is leased for $2,500 per month.
Key Highlights
- Two units: one 2‑bedroom, 2‑bathroom residence and one 3‑bedroom, 2‑bathroom residence
- Renovated unit features granite kitchen counters, ceramic tile, and central air
- Screened Florida room and fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,705
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,100
$1.1M
Cap Rate 7%
$795,786
$795.8K
Cap Rate 9%
$618,944
$618.9K
Market Conditions
NOI Build-Up for 3,222 SF
Gross rent
$83.1K $25.80/SF
− Vacancy
−$3.5K −$1.10/SF
EGI
$79.6K $24.70/SF
− OpEx
−$23.9K −$7.41/SF
NOI
$55.7K $17.29/SF
Area
Coral Springs, FL
Vacancy
4.27%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,100
Cap Rate 7%
$795,786
Cap Rate 9%
$618,944
Alternative Uses
Best Use
Multifamily LT 5
$795.8K
$696.3K – $928.4K
NOI $55,705 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$734.0K
$642.3K – $856.3K
NOI $51,380 @ 7.0% cap · market cap 6.09%
Theoretical Best
Specialty Retail
$5.49M
$4.81M – $6.41M
NOI $384,611 @ 7.0% cap · market cap 45.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,409
Businesses Nearby
Explore this area
Business Placement
Demographics for 33065, FL
59,668
Population
21,416
Households
2.8
Avg Household Size
36
Median Age
31%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
6,938
Density / Sq Mi
$70,435
Median Household Income
$36,255
Median Earnings
$1,833
Median Rent
$416,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a renovated 2-bedroom unit and a second 3-bedroom unit with recent updates.
Where is this duplex located?
The property is located at 8971 Northwest 33rd Street Unit EW Coral Springs, FL.
What is the asking price?
The asking price for this property is $843,000.
What are key features of this property?
This property features: Two units: one 2‑bedroom, 2‑bathroom residence and one 3‑bedroom, 2‑bathroom residence; Renovated unit features granite kitchen counters, ceramic tile, and central air; Screened Florida room and fenced backyard
