1275 SW 36th Ave, Fort Lauderdale, FL 33312
1275 SW 36th Ave, Fort Lauderdale, FL 33312
1275 SW 36th Ave, Fort Lauderdale, FL 33312
1275 SW 36th Ave, Fort Lauderdale, FL 33312
1275 SW 36th Ave, Fort Lauderdale, FL 33312
1275 SW 36th Ave, Fort Lauderdale, FL 33312
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Cameron Scott

Cameron Scott

+1(954) 995-4711
$ 1,000,000
Est. payment | /mo

2,074 SqFt

Save Virtual Tour
$ 1,000,000
Est. payment | /mo
Save Virtual Tour

2,074 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $482

Subdivision Breezyway Manor Sec

MLS Listing ID A12041646

Style Fourplex

HOA Y/N No

Year Built 1974

Annual Tax Amount $14,622

Tax Year 2025

Property Sub-Type Quadruplex

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.

Location

State FL

County Broward

Community Breezyway Manor Sec

Area 3331

Interior

Heating Central, Other

Cooling Central Air

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block,Stucco

Others

Tax ID 504218120200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12041646

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Trustpoint Realty, LLC.

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Cameron Scott

+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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1275 SW 36th Ave

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