Renovated Two-Unit
For Sale
$843,000
E-w-8971 Nw 33rd St, Coral Springs, FL 33064
The 3,222-square-foot property combines updated interiors, outdoor space, and a tile roof in Coral Springs.
Property Size3,222 SF
Price / SF$261.64
Days on Market74
Property Features for E-w-8971 Nw 33rd St
General Information
Standard status
Active
Size
3,222 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2-2, 1 x 3/2
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,715
Amenities
Screened Florida Room
Large fenced Yard
Building Details
Buildings
1
Listing Agency:
Avanti Way Realty LLC
(305) 229-1146
Listed By:
Shawndra L Smialek · License #3068887
(305) 746-5302
Source:
Exprealty
Added: Aug 7
Changed: Oct 15
Last Checked: Oct 16 at 1:56PM
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
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 3,222 square feet. The first residence is configured as a 2-2 unit with recent renovation work, large tile flooring, granite waterfall countertops, a screened Florida room, and a fenced yard. The second residence offers a 3/2 layout with several recent updates.
The property is located in Coral Springs, Florida. A lease for the second unit is pending with a commencement date of September 17, 2026. The offering also includes a new tile roof, adding a recent capital improvement to the property’s physical features.
The property is located in Coral Springs, Florida. A lease for the second unit is pending with a commencement date of September 17, 2026. The offering also includes a new tile roof, adding a recent capital improvement to the property’s physical features.
Key Highlights
- 3,222‑square‑foot duplex in Coral Springs
- First unit features a renovated 2‑2 layout
- Waterfall granite countertops and large tile flooring
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
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,472
Businesses Nearby
Explore this area
Business Placement
Demographics for 33064, FL
62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 3,222-square-foot property combines updated interiors, outdoor space, and a tile roof in Coral Springs.
Where is this duplex located?
The property is located at E-w-8971 Nw 33rd St 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: 3,222‑square‑foot duplex in Coral Springs; First unit features a renovated 2‑2 layout; Waterfall granite countertops and large tile flooring
