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1275 SW 36th Avenue, Fort Lauderdale, FL 33312

$1,000,000
Property Type: Residential Income Square Footage: 2,074 Status: Active
Current Price: $1,000,000 List Date: 6/23/2026 Last Modified: 7/10/2026

Overview

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 $2 ...

Listing Details MLS# A12041646

General Property Information

Property Sub Type
Quadruplex
Building Area Main
2074
Living Area Main
2074
Adjusted Area Main
2074
Year Built
1974
Parking Total
4
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Rent Rolls Flooring: Other Structure Type: Multi Family Construction Materials: CBS; Stucco Cooling: Central Air Heating: Central; Separate Meters; Other Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Other Exemption Utilities: Cable Available Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
1000000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1275
Street Direction Prefix
SW
Street Name
36th
Street Suffix
Avenue
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33312
Postal Code +4
3464
Postal Zip
33312
Subdivision Name
BREEZYWAY MANOR SEC
Area
3580
Geographic Area
NDIX - North Broward Us1 To Dixie Hwy (3311-3342)
Elementary School
Stephen Foster
Middle Or Junior School
New River
High School
Stranahan
Parcel Number
504218120200
Subdivision Number
12
Zoning
RD-15
Flood Zone
X

Financial Information

Tax Annual Amount
14622
Tax Year
2025
Tax Legal Description
BREEZYWAY MANOR SEC A 28-33 B LOT 20 BLK 7
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-06-23T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-23

More Information

Income and Expenses

Net Operating Income
49078
Total Expenses
22922

Price Calculations

Current Price To SqFt
482.16

Section Details

Parcel Number MLX
0200

Originating Details

Originating System Key
515120529
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Other
Yes

Documents Available

Rent Rolls
Yes

Structure Type

Multi Family
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes
Other
Yes

Construction Materials

CBS
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Shingle
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Other Exemption
Yes
IDX
Listing Office: Trustpoint Realty, LLC.
Last Updated: July - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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