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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7632 10 St North Lauderdale, FL 33068

    • Small apartment buildings
    • 2,700 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-9926996
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Small apartment buildings

    Property Details for 7632 10 St

    Year built
    1972
    Property size
    2,700 SF
    Property type
    Small apartment buildings

    Description

    This newly renovated duplex in North Lauderdale, Florida, presents a compelling investment opportunity. Located at 7632 SW 10th St, 33068, this single-story, 2,700 square foot property, built in 1972, offers two identical units, each boasting three bedrooms and two bathrooms. Both units have undergone complete renovations, ensuring modern appeal and functionality. Currently, each unit commands a monthly rent of $2700, generating a substantial income stream. The property's central location in Broward County provides easy access to major highways, shopping centers, and malls, enhancing its desirability and rental potential. This turnkey investment is ready for immediate income generation, making it an attractive option for savvy investors seeking a strong return on investment in a thriving Florida market. The property's size and layout offer both convenience and potential for future appreciation. This is a must-see for investors seeking a well-maintained, high-income-producing property in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.2292125
    Latitude
    26.2163587

    Comparable in this City

    • $626,000

      North Lauderdale Investment Triplex

      Investment triplex with upside potential in North Lauderdale, Florida.
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      4,752 SF

      North Lauderdale Office Space Available

      Office space with easy access to Florida Turnpike and 441.
      6090 Boulevard Of Champions, North Lauderdale, FL 33068
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    • $1,150,000

      Established Office Space Available

      Long-term tenant, ample parking, suitable for professional office.
      1100 S State Rd, Margate, FL 33068
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      North Lauderdale Commercial Land Available

      Commercial land for sale in North Lauderdale, Florida.
      Tam Oshanter Blvd, North Lauderdale, FL 33068
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    • $700,000

      North Lauderdale Property For Sale

      North Lauderdale property available for sale.
      7810 SW 10Th St, Pompano Beach, FL 33068
      View Details
    • Contact for pricing

      Shared Office Suites Available

      Shared office environment with four suites for sale.
      6110 Boulevard Of Champions, North Lauderdale, FL 33068
      View Details

    Similar Nearby for Sale

    • $626,000

      North Lauderdale Investment Triplex

      Investment triplex with upside potential in North Lauderdale, Florida.
      7801 SW 10Th St, Pompano Beach, FL 33068
      View Details
    • Contact for pricing
      4,752 SF

      North Lauderdale Office Space Available

      Office space with easy access to Florida Turnpike and 441.
      6090 Boulevard Of Champions, North Lauderdale, FL 33068
      View Details
    • $1,150,000

      Established Office Space Available

      Long-term tenant, ample parking, suitable for professional office.
      1100 S State Rd, Margate, FL 33068
      View Details
    • Contact for pricing

      North Lauderdale Commercial Land Available

      Commercial land for sale in North Lauderdale, Florida.
      Tam Oshanter Blvd, North Lauderdale, FL 33068
      View Details
    • $700,000

      North Lauderdale Property For Sale

      North Lauderdale property available for sale.
      7810 SW 10Th St, Pompano Beach, FL 33068
      View Details
    • Contact for pricing

      Shared Office Suites Available

      Shared office environment with four suites for sale.
      6110 Boulevard Of Champions, North Lauderdale, FL 33068
      View Details

    Similar Nearby for Lease

    • $2,750 /Mo

      Spacious Corner Unit with Yard

      Clean 3/2 unit with laundry, yard, and parking.
      980 SW 76 Ave, Pompano Beach, FL 33068
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    • $1,850 /Mo

      Spacious Pet-Friendly Fourplex Unit

      Two-bedroom, one-bath unit with modern amenities in a convenient location.
      7740 SW 10Th St, Pompano Beach, FL 33068
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    • $2,300 /Mo

      North Lauderdale Ready Rental

      Move-in ready rental in North Lauderdale with fast approval.
      7420 SW 10Th St, Pompano Beach, FL 33068
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    • $2,000 /Mo

      Margate Quadplex Rental Opportunity

      Spacious 2 bed, 1 bath quadplex in Margate, FL.
      581 Kathy Ln, Margate, FL 33068
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    • $3,434 /Mo

      Modern 3BR Apartment For Rent

      Clean, gated 3BR apartment with parking and central AC.
      931 SW 80 Ave, North Lauderdale, FL 33068
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    • $1,850 /Mo

      North Lauderdale Multifamily Property For Rent

      Multifamily property for rent featuring tile, parking, and large yard.
      7652 Kimberly Blvd, North Lauderdale, FL 33068
      View Details
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    7632 10 St
    North Lauderdale, FL 33068
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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