Listed price in listed location currency (USD).
$1,000,000

004

MLS® A12041646

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2074 sqft
Garage 
Taxes $14,622
Days Active 0
Lot Size 
Approx. Age 1974
Avg. Price Per Sqft $482
MLS® Number A12041646

Property Address: 1275 Sw 36th Ave, Fort Lauderdale, FL, 33312-3464

Average square foot calculated using Size range provided by listing agent.

Description

Four-unit multifamily investment opportunity in the established Sunset neighborhood of Fort Lauderdale. The property consists of four 1-bedroom/1-bathroom units within a 2, 074 SF building on a 5, 234 SF lot, zoned RD-15. All four units are currently occupied and leased, generating $72, 000 in gross annual income with a current NOI of $49, 078 (4.91% cap rate) at the $1, 000, 000 asking price.The value-add opportunity is clear: in-place rents average $1, 500/unit against a market rate of $1, 850/unit. Repositioning all four units to market adds $16, 800 in gross annual income, lifting NOI to $65, 878 and pushing the proforma cap rate to 6.59% — with no change to unit count or footprint.Property features include recently renovated appliances, central A/C, a 6-year-old roof with proper maintenance, and public sewer service. Annual operating expenses total $22, 922, inclusive of real estate taxes ($14, 622), insurance ($3, 500), water/sewer ($2, 400), and maintenance ($2, 400).Priced at $482/SF and $250, 000 per unit. Interior photos pending. Seller response time may be delayed — pre-qualified buyers are encouraged. All figures are owner-reported; buyer to independently verify prior to purchase.
MLS® NumberA12041646
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1974
Basement
Driveway
Garage Spaces
HeatCentral, Other, Separate Meters
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$1,000,000List Price
Nov 16, 2023End Date
$765,000Sold Price

Sold

Jul 15, 2024List Date
$800,000List Price
  • Commute

Commute

Starting Address
Destination Address
1275 Sw 36Th Ave, Fort Lauderdale, FL

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