Turnkey Leased Quadplex
1721 - 1725 SW 11th Ct Fort Lauderdale, FL 33312
1721 - 1725 SW 11th Ct, Fort Lauderdale, FL, 33312
$1,095,000
For Sale
$1,095,000
MULTI_FAMILY - Other - Fort Lauderdale, FL
Property Size3,140 SF
Price / SF$348.73
Days on Market20
Property Features for 1721 - 1725 SW 11th Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Rooms
- Bedroom 4, Bedroom 8, Bedroom 1, Bathroom 4, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Parking
- 8
- Standard status
- Active
- APN
- 504209130540
- Size
- 3,140 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- RIVERSIDE PARK ADD AMEN PLAT 10-37 B LOT 1 & 2 BLK 15
- Tax Annual Amount
- 17376
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Douglas Elliman
(305) 866-4566
18851 NE 29 Ave Ste 530, Palm Beach, FL
Listed by
Cindy Orlinsky · License #0600280
(305) 469-3222
Added: Jun 30 Checked: Jul 19 at 3:06 am
MLS# A11952572
Listing URL
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.
Investment Insights
Based on property information with market context.
This turnkey quadplex is fully leased and features four spacious 2-bedroom, 1-bath units. The property has been fully renovated and well maintained, with a 2020 roof, impact windows, and new fencing. The total building area is 3,140 square feet, arranged as a straightforward income-focused residential setup for long-term renters or other permitted rental use.
The building is located at 1721–1725 SW 11th Ct in Fort Lauderdale, Florida, on a large corner lot. Fort Lauderdale Beach, FLL Airport, major highways, schools, shopping, and employment centers are described as nearby in the provided remarks.
With four separate residential units, this property may fit buyers seeking an owner-occupied or investor-held rental asset where permitted rental alternatives are under consideration. The renovation and 2020 roof help reduce near-term capital concerns, while the impact windows and updated fencing support day-to-day durability. Offered for sale as a leased property, it is also positioned for buyers evaluating long-term hold strategies or a 1031 exchange, subject to their own requirements and due diligence.
The building is located at 1721–1725 SW 11th Ct in Fort Lauderdale, Florida, on a large corner lot. Fort Lauderdale Beach, FLL Airport, major highways, schools, shopping, and employment centers are described as nearby in the provided remarks.
With four separate residential units, this property may fit buyers seeking an owner-occupied or investor-held rental asset where permitted rental alternatives are under consideration. The renovation and 2020 roof help reduce near-term capital concerns, while the impact windows and updated fencing support day-to-day durability. Offered for sale as a leased property, it is also positioned for buyers evaluating long-term hold strategies or a 1031 exchange, subject to their own requirements and due diligence.
Key Highlights
- Quadplex at 1721 SW 11th Ct in Fort Lauderdale, FL: 4 units, each with 2 bedrooms and 1 bathroom
- Property is fully leased (quadplex with four 2BR/1BA units)
- Construction materials: block; flooring: vinyl; heating and cooling: electric
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.1k | $25.20 |
| − Vacancy | −$4.4k | −$1.39 |
| EGI | $74.8k | $23.81 |
| − OpEx | −$22.4k | −$7.14 |
| NOI | $52.3k | $16.67 |
3,140 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$747.8K
$654.3K – $872.4K
NOI $52,343 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$673.6K
$589.4K – $785.9K
NOI $47,151 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,706 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fully leased quadplex with four renovated two-bedroom, one-bath units on a corner lot in Fort Lauderdale.
Where is this quadplex located?
The property is located at 1721 - 1725 SW 11th Ct Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Quadplex at 1721 SW 11th Ct in Fort Lauderdale, FL: 4 units, each with 2 bedrooms and 1 bathroom; Property is fully leased (quadplex with four 2BR/1BA units); Construction materials: block; flooring: vinyl; heating and cooling: electric
