4-Unit
1856 NW 52nd Avenue, Lauderhill, FL 33313
For Sale
$975,000
Separate electric meters allow electricity use to be billed to each unit’s tenant.
Property Size3,525 SF
Price / SF$276.60
Days on Market269
Property Features for 1856 NW 52nd Avenue
General Information
Standard status
Size
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Luxury Real Estate Group LLC
Listed By:
Jody P Hernandez · License #3168413
(561) 573-6768
Source:
Rgirealty
Added: Feb 12
Changed: Nov 6
Last Checked: Nov 6 at 2:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxury Real Estate Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1972, this 3,525-square-foot quadplex contains four residential units. Each unit has a separate electric meter, and tenants pay their own electricity costs.
The property is offered individually or as part of a portfolio that includes three additional triplexes. Public transportation, shopping centers, restaurants, and schools are identified in the surrounding area.
The property is offered individually or as part of a portfolio that includes three additional triplexes. Public transportation, shopping centers, restaurants, and schools are identified in the surrounding area.
Key Highlights
- Four‑unit quadplex built in 1972
- 3,525 square feet
- Separate electric meters; tenants pay their own electricity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,761
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,220
$1.2M
Cap Rate 7%
$839,443
$839.4K
Cap Rate 9%
$652,900
$652.9K
Market Conditions
NOI Build-Up for 3,525 SF
Gross rent
$88.8K $25.20/SF
− Vacancy
−$4.9K −$1.39/SF
EGI
$83.9K $23.81/SF
− OpEx
−$25.2K −$7.14/SF
NOI
$58.8K $16.67/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,220
Cap Rate 7%
$839,443
Cap Rate 9%
$652,900
Alternative Uses
Best Use
Multifamily LT 5
$839.4K
$734.5K – $979.4K
NOI $58,761 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$774.5K
$677.7K – $903.5K
NOI $54,212 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$1.79M
$1.56M – $2.09M
NOI $125,187 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 33313, FL
63,284
Population
25,312
Households
2.5
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
10,045
Density / Sq Mi
$45,408
Median Household Income
$30,872
Median Earnings
$1,608
Median Rent
$236,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Broward County, FL
Properties on Market for Quadplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Separate electric meters allow electricity use to be billed to each unit’s tenant.
Where is this quadplex located?
The property is located at 1856 NW 52nd Avenue Lauderhill, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1972; 3,525 square feet; Separate electric meters; tenants pay their own electricity
