1275 SW 36th Ave, Fort Lauderdale, FL 33312
Local realty services provided by:First Service Realty ERA Powered
Listed by: nicholas arias, joseph suarez
Office: trustpoint realty, llc.305-200-0348
MLS#:A12041646
Source:SEFMLS
Price summary
- Price:$1,000,000
- Price per sq. ft.:$482.16
About this home
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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Home facts
- Year built:1974
- Subdivision & Development:BREEZYWAY MANOR SEC
- Listing ID #:A12041646
- Updated:August 10, 2026 at 10:01 AM
Rooms and interior
- Living area:2,074 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1974
- Building area:2,074 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block, Stucco
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,000,000
- Price per sq. ft.:$482.16
- Tax amount:$14,622 (2025)
Parking
- Total parking spaces:4
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