1275 SW 36th Ave, Fort Lauderdale, FL 33312
Fourplex, Quadruplex - Fort Lauderdale, FL
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 5:06 pm
Property Features for 1275 SW 36th Ave
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- RD-15
- Parking
- 4
- Standard status
- Active
- APN
- 504218120200
- Size
- 2,074 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14622
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1974
- Flooring type
- Other
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Nicholas Arias License #3605601 (305) 200-0348
Listing office Trustpoint Realty, LLC. 15207 NW 60th Ave, Miami Lakes, FL (305) 200-0348
Listing date Jun 23, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Four 1‑bed/1‑bath units in a 2,074 SF block/stucco multifamily building on a 5,234 SF lot (RD‑15 zoning).
- All 4 units currently occupied and leased, generating $72,000 in gross annual income and a $49,078 current NOI (4.91% cap rate).
- Central heating and central air in each unit; roof is shingle and approximately 6 years old with proper maintenance.
- Owner‑reported $22,922 annual operating expenses include $14,622 real estate taxes, $3,500 insurance, $2,400 water/sewer, and $2,400 maintenance.
- Public sewer service; annual operating expense breakdown provided by owner (figures owner‑reported—buyer to verify).
- Owner‑reported value‑add: in‑place rents average $1,500/unit vs $1,850/unit market, projecting NOI of $65,878 and 6.59% proforma cap rate.
Overview
The asset is zoned RD-15. Owner-reported financials indicate $72,000 in gross annual income and a current NOI of $49,078. Reported operating expenses total $22,922 annually, including real estate taxes ($14,622), insurance ($3,500), water/sewer ($2,400), and maintenance ($2,400).
For investors and operators seeking a stabilized small rental portfolio, the property offers four separately leased units with central A/C throughout. The owner also describes a value-add approach based on aligning in-place rents with market levels, while keeping the current unit count and footprint unchanged. Figures are owner-reported and buyers should independently verify all information before purchase.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1955142
- Latitude
- 26.1041192
