Six-Unit Triplex
For Sale
Contact for pricing
1911 SW 4TH Avenue # 3 #1-3, Fort Lauderdale, FL 33315
Paired multifamily buildings offer a six-unit configuration with varied apartment layouts.
Property Size2,082 SF
Price / SF$332.80
Days on Market65
Property Features for 1911 SW 4TH Avenue # 3 #1-3
General Information
Standard status
Active
Size
2,082 SF
Property subtype
Multifamily
Zoning
RD-15
Net Operating Income
$7,000
Units
Unit Mix
4 x 2BR/1BA, 2 x Studio
Multifamily Units
6
Additional Details
Gross Income
$115,200
Building Details
Year Built
1972
Buildings
2
Units
3
Listing Agency:
Fidelity Real Estate Group
Listed By:
Carlos Montoya · License #0623048
(954) 345-9144
Source:
Crexi
Added: Aug 4
Changed: Sep 28
Last Checked: Oct 5 at 4:08PM
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 Fidelity Real Estate Group
Investment Insights
Based on property information with market context.
This multifamily offering includes two adjacent triplex buildings that are being sold together. The six-unit configuration comprises four two-bedroom, one-bath apartments and two studio units. Each building is approximately 2,000+ square feet, with central air-conditioning systems described as newer. The roofs are approximately 14 years old, and tenants pay their own electric service.
The property is located at 1911 SW 4th Avenue in Fort Lauderdale, near downtown, Las Olas, and Fort Lauderdale Beach. It carries RD-15 zoning and was built in 1972. The paired-building format provides a consolidated six-unit residential asset within an established Fort Lauderdale setting.
The property is located at 1911 SW 4th Avenue in Fort Lauderdale, near downtown, Las Olas, and Fort Lauderdale Beach. It carries RD-15 zoning and was built in 1972. The paired-building format provides a consolidated six-unit residential asset within an established Fort Lauderdale setting.
Key Highlights
- Two adjacent triplex buildings sold together as a six‑unit portfolio
- Unit mix includes 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.
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Paired multifamily buildings offer a six-unit configuration with varied apartment layouts.
Where is this triplex located?
The property is located at 1911 SW 4TH Avenue # 3 #1-3 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 sold together as a six‑unit portfolio; Unit mix includes four 2‑bedroom/1‑bath units and two studios; Each building is approximately 2,000+ Sq. Ft.
