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    86 NE 36Th Ct Fort Lauderdale, FL 33334

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    For Sale
    $1,700,000

    Seven-unit building in Oakland Park, generating $17,600 monthly.

    Lot size:
    0.35 Acres

    Property Features for 86 NE 36Th Ct

    General Information

    Lot size
    0.35 Acres

    Building Details

    Year built
    1971

    Source: Adache LLC Agent Johnathan Ibarra-Blackmoon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Park Multifamily Investment Property

    This seven-unit multifamily property is located in Oakland Park. The building generates $17,600 per month. The property features impact windows and a 2022 roof. The 40-year recertification was completed in 2023. The unit mix includes four three-bedroom, two-bath units, each featuring private patios, in-unit washer/dryer, central AC, custom cabinets, and stainless steel appliances. There are also three two-bedroom, one-bath units, each with private patios. These units are large enough to be converted into three-bedroom, two-bath units, which could potentially increase the net operating income by $20,000 annually.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1447939
    Latitude
    26.1723484

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit building in Oakland Park, generating $17,600 monthly.
    Where is this apartment building located?
    The property is located at 86 NE 36Th Ct Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Generates $17,600/month in income.; - Features a desirable unit mix including **four large 3-bedroom/2-bath units with private patios, in-unit washer/dryers, central AC, custom cabinets, and stainless steel appliances.**; - Includes three 2-bedroom/1-bath units with private patios that can be converted to 3-bedroom/2-bath units to increase NOI by $20,000 annually.
    (646) 241-9551
    Request Owner's contact information
    86 NE 36Th Ct Fort Lauderdale, FL 33334
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    Fort Lauderdale, FL 33334
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    86 NE 36Th Ct Fort Lauderdale, FL 33334
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