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.

1275 SW 36th Ave Fort Lauderdale, FL 33312 quadruplex house for sale with MLS A12041646 located in BREEZYWAY MANOR SEC. If you want to buy Quadruplex - 1275 SW 36th Ave Fort Lauderdale, FL 33312, call today!