Adjacent Six-Unit Triplex
1911 SW 4TH Avenue, Fort Lauderdale, FL 33315
For Sale
$692,890
Residential Income, Fort Lauderdale, FL
Property Size2,082 SF
Lot Size0.14 Acres
Price / SF$332.80
Days on Market97
Property Features for 1911 SW 4TH Avenue
General Information
Property type
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Zoning
Bedrooms
Full bathrooms
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Pets allowed
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
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Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
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Building Details
Year built
Floors in Building
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Buildings
Listing Agency:
Fidelity Real Estate Group LLC
(954) 345-9144
Listed By:
Carlos A Montoya · License #0623048
(954) 234-7653
Added: Aug 3
Changed: Oct 31
Last Checked: Nov 7 at 6:06AM
MLS# B26059592
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This multifamily offering includes two adjacent triplex buildings that are being conveyed together, providing six residential units in total. The unit mix comprises four two-bedroom, one-bath apartments and two studios. Each building is approximately 2,000+ square feet and was constructed in 1972 with CBS and stucco exteriors, tile flooring, shingle roofs, and central air among the cooling systems. Tenants pay electric service.
The property is located at 1911 SW 4th Avenue in Fort Lauderdale, near downtown, Las Olas, and Fort Lauderdale Beach. Public water and public sewer serve the buildings, while cable is available. The site encompasses 0.14 acres and carries RD-15 zoning. Both structures are offered together as one six-unit residential income property.
The property is located at 1911 SW 4th Avenue in Fort Lauderdale, near downtown, Las Olas, and Fort Lauderdale Beach. Public water and public sewer serve the buildings, while cable is available. The site encompasses 0.14 acres and carries RD-15 zoning. Both structures are offered together as one six-unit residential income property.
Key Highlights
- Two adjacent triplex buildings offered together
- Six total units: four 2‑bedroom/1‑bath units and two studios
- Each building is approximately 2,000+ Sq. Ft.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,707
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,140
$694.1K
Cap Rate 7%
$495,814
$495.8K
Cap Rate 9%
$385,633
$385.6K
Market Conditions
NOI Build-Up for 2,082 SF
Gross rent
$52.5K $25.20/SF
− Vacancy
−$2.9K −$1.39/SF
EGI
$49.6K $23.81/SF
− OpEx
−$14.9K −$7.14/SF
NOI
$34.7K $16.67/SF
Area
Fort Lauderdale, 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%
$694,140
Cap Rate 7%
$495,814
Cap Rate 9%
$385,633
Alternative Uses
Best Use
Multifamily LT 5
$495.8K
$433.8K – $578.5K
NOI $34,707 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$446.6K
$390.8K – $521.1K
NOI $31,264 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,937 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,500
Businesses Nearby
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Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Fort Lauderdale, FL
Properties on Market for Triplexes in Fort Lauderdale
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two neighboring triplex buildings offer four two-bedroom apartments and two studios with public utilities and central air.
Where is this triplex located?
The property is located at 1911 SW 4TH Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $692,890.
What are key features of this property?
This property features: Two adjacent triplex buildings offered together; Six total units: four 2‑bedroom/1‑bath units and two studios; Each building is approximately 2,000+ Sq. Ft.
