1275 SW 36th Ave, Fort Lauderdale, FL 33312

Fort Lauderdale
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1275 SW 36th Ave,Fort Lauderdale, FL 33312
$1,000,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,074 sq. ft.
  • Multi-family
  • Active
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...

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Home facts

  • Year built:1974
  • Listing ID #:A12041646
  • Updated:June 29, 2026 at 10:09 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
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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