1275 SW 36th Avenue, Fort Lauderdale, FL 33312
- $1,000,000
- 2,074
- SqFt
- List Price
- $1,000,000
- Days on Market
- 35
- MLS#
- A12041646
- Sq. Ft
- 2,074
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Breezyway Manor Sec
- Year Built
- 1974
Property 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.
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Additional Information
- Construction
- Block, Stucco
- Cooling
- Central Air
- Flooring
- Other
- Heating
- Central, Other, Separate Meters
- Roof
- Shingle
- Taxes
- $14,622
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $482
- Elementary School
- Stephen Foster
- Middle School
- New River
- High School
- Stranahan
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Listing courtesy of Trustpoint Realty, LLC.. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Nicholas Arias | Email: nicholas.arias@trustpointrealty.com