$1,000,000

1275 SW 36th Avenue, Fort Lauderdale, FL 33312

  • 2,074 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $482/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
June 23, 2026
Data Last Updated:
July 26, 2026 at 6:18AM
Listing Office:
Trustpoint Realty, LLC. : 305-200-0348
Listing Agent:
Nicholas Arias : 786-227-7287
MLS ID:
A12041646
  • Flooring: Other
  • A/C: Central Air
  • Heating: CentralOtherSeparate Meters
  • Parking: Parking spaces: 4
  • Roofing: Shingle
  • General: BlockStucco2
  • Originating MLS: BEACH_MIAMI
  • County: Broward
  • Zoning: RD-15BREEZYWAY MANOR SEC A 28-33 B LOT 20 BLK 7504218120200
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Source: BEACH_MIAMI

This listing courtesy of Nicholas Arias , Trustpoint Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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