3-Unit Multifamily
For Sale
$849,000
1913 SW Gardenia Rd, Fort Lauderdale, FL 33317
Three-unit residential income property near schools, shopping, and major regional roads.
Property Size2,032 SF
Days on Market262
Property Features for 1913 SW Gardenia Rd
General Information
Standard status
Active
Size
2,032 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$9,375
Building Details
Building Size
2,032 SF
Year Built
1968
Listing Agency:
New Quest Realty, LLC
Listed By:
Lifranc Cyriac · License #3029741
(954) 935-3158
Source:
Relinkre
Added: Feb 4
Changed: Oct 18
Last Checked: Oct 23 at 2:56PM
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 New Quest Realty, 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.
This multifamily property contains three residential units within approximately 2,032 square feet. The building dates to 1968 and is classified as a triplex, providing a compact residential income configuration.
The property is situated near schools and shopping centers, with access to I-595, I-95, State Road 7, and State Road 84. Its setting provides connectivity to established services and major transportation routes.
The property is situated near schools and shopping centers, with access to I-595, I-95, State Road 7, and State Road 84. Its setting provides connectivity to established services and major transportation routes.
Key Highlights
- Three‑unit triplex configuration
- Approximately 2,032 square feet of building area
- Built in 1968
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,873
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,460
$677.5K
Cap Rate 7%
$483,900
$483.9K
Cap Rate 9%
$376,367
$376.4K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$51.2K $25.20/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$48.4K $23.81/SF
− OpEx
−$14.5K −$7.14/SF
NOI
$33.9K $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%
$677,460
Cap Rate 7%
$483,900
Cap Rate 9%
$376,367
Alternative Uses
Best Use
Multifamily LT 5
$483.9K
$423.4K – $564.6K
NOI $33,873 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$435.9K
$381.4K – $508.6K
NOI $30,513 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.37M
$1.19M – $1.59M
NOI $95,585 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
Explore this area
Business Placement
Demographics for 33317, FL
37,590
Population
13,625
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
3,916
Density / Sq Mi
$84,239
Median Household Income
$43,317
Median Earnings
$1,986
Median Rent
$449,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential income property near schools, shopping, and major regional roads.
Where is this triplex located?
The property is located at 1913 SW Gardenia Rd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Three‑unit triplex configuration; Approximately 2,032 square feet of building area; Built in 1968
