1275 SW 36th Avenue
Fort Lauderdale, FL 33312
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, an
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central, Other, SeparateMeters Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1974Building Area Total: 2074Construction Materials: Block, StuccoPrivate Pool: No
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Listing Price Information
Listing Price: $1000000Cash, Conventional
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Tax Information
Parcel Number: 504218120200 Tax Year: 2025 Annual Tax: $14622 Tax Legal Desc: BREEZYWAY MANOR SEC A 28-33 B LOT 20 BLK 7
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Parking Information
Parking Total: 4
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School Information
Elementary School: Stephen Foster Junior High School: New River Senior High School: Stranahan -
Utility Information
CableAvailable -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3712 SW 12th Ct, Fort Lauderdale, FL, 33312 | $525,000 | 4 | 2 | 1,636 | 1,636 SqFt |
| 1111 SW 2nd Street, Fort Lauderdale, FL, 33312 | $1,195,000 | 7 | 4 | 2,340 | 2,340 SqFt |
| 312 SW 12th Avenue, Fort Lauderdale, FL, 33312 | $949,000 | 5 | 3 | 1,611 | 1,611 SqFt |
| 615 SW 14th Avenue #1-2, Fort Lauderdale, FL, 33312 | $735,000 | 4 | 2 | 1,462 | 1,462 SqFt |
| 3821 SW 13th Ct, Fort Lauderdale, FL, 33312 | $1,190,000 | 4 | 4 | 3,387 | 3,387 SqFt |
| 1390 Riverland Road, Fort Lauderdale, FL, 33312 | $649,900 | 5 | 4 | 2,262 | 2,262 SqFt |
| 715 W Las Olas Boulevard, Fort Lauderdale, FL, 33312 | $1,600,000 | -- | -- | 1,996 | 1,996 SqFt |
| 11 SW 11th Avenue, Fort Lauderdale, FL, 33312 | $1,395,000 | 2 | 3 | 2,480 | 2,480 SqFt |
| 700 SW 16th Avenue, Fort Lauderdale, FL, 33312 | $995,000 | 8 | 4 | 3,047 | 3,047 SqFt |
| 608 SW 16th Avenue, Fort Lauderdale, FL, 33312 | $1,375,000 | 12 | 8 | 4,855 | 4,855 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 18:40
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