Turnkey Fourplex With Private
2211 NW 64th Ave Sunrise, FL 33313
2211 NW 64th Ave, Sunrise, FL, 33313
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For Sale
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Cash-flowing fourplex with a private backyard, separate electric meter, and newer roof and AC units.
Property Size3,416 SF
Price / SF$248.83
Days on Market16
Property Features for 2211 NW 64th Ave
General Information
- Standard status
- Active
- Size
- 3,416 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1968
Listing agency
Vanguard Group Realty LLC
(786) 277-1843
Listed by
Sasha Pena · License #3262860
Source
Crexi
Added: Jul 6 Updated: Jul 21 at 3:20AM Checked: Jul 21 at 3:20AM
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 Vanguard Group Realty LLC
Investment Insights
Based on property information with market context.
This turnkey fourplex offers a well-maintained, cash-flowing setup with a private backyard and separate electric meter. The property has been upgraded with a newer roof and newer AC units, supporting day-to-day reliability.
Located in Sunrise, Florida, the asset is positioned as a straightforward income property for buyers seeking a multi-unit residence with practical utility separation and recent major system improvements.
The fourplex configuration provides multiple rental units within a single ownership structure, with the noted electric metering setup and exterior upgrades already completed.
Located in Sunrise, Florida, the asset is positioned as a straightforward income property for buyers seeking a multi-unit residence with practical utility separation and recent major system improvements.
The fourplex configuration provides multiple rental units within a single ownership structure, with the noted electric metering setup and exterior upgrades already completed.
Key Highlights
- 1968‑built fourplex described as cash‑flowing
- Private backyard included
- Separate electric meter
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 | $86.1k | $25.20 |
| − Vacancy | −$4.7k | −$1.39 |
| EGI | $81.3k | $23.81 |
| − OpEx | −$24.4k | −$7.14 |
| NOI | $56.9k | $16.67 |
3,416 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$813.5K
$711.8K – $949.1K
NOI $56,944 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$750.5K
$656.7K – $875.6K
NOI $52,536 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,316 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Cash-flowing fourplex with a private backyard, separate electric meter, and newer roof and AC units.
Where is this quadplex located?
The property is located at 2211 NW 64th Ave Sunrise, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1968‑built fourplex described as cash‑flowing; Private backyard included; Separate electric meter
