Renovated Four-Unit Multifamily
327 SW 20th Street, Fort Lauderdale, FL 33315
For Sale
$1,150,000
Pending
Renovated quadplex with varied unit layouts, furnished rental setups, and on-site laundry accommodations.
Property Size4,546 SF
Days on Market50
Property Features for 327 SW 20th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Amenities
private washer/dryer rooms
shared washer/dryer
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
Realty Hub
Listed By:
Nissan Shukrie · License FL #3266235
(305) 778-1190
Source:
Laerrealty
Added: Sep 21
Changed: Oct 25
Last Checked: Nov 8 at 3:03AM
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 Realty Hub
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Investment Insights
Based on property information with market context.
This renovated quadplex contains four residential units: two with three bedrooms and one bathroom each, plus two with two bedrooms and one bathroom each. Three of the four units are currently rented. Two units are furnished and arranged for Airbnb-style rental use, while laundry is handled through private rooms serving the larger units and a shared dedicated area for the smaller units. Open parking is available for each unit.
Built in 1960, the property is located at 327 SW 20th Street in Fort Lauderdale. The surrounding area provides access to Downtown Fort Lauderdale, Las Olas, Fort Lauderdale-Hollywood International Airport, beaches, dining, shopping, and major roadways. The existing mix of furnished and conventional rental arrangements supports multiple rental formats within the same four-unit property.
Built in 1960, the property is located at 327 SW 20th Street in Fort Lauderdale. The surrounding area provides access to Downtown Fort Lauderdale, Las Olas, Fort Lauderdale-Hollywood International Airport, beaches, dining, shopping, and major roadways. The existing mix of furnished and conventional rental arrangements supports multiple rental formats within the same four-unit property.
Key Highlights
- Four‑unit property with two 3‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
- 3 of 4 units currently rented
- Two furnished units arranged for Airbnb‑style rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,781
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,515,620
$1.5M
Cap Rate 7%
$1,082,586
$1.1M
Cap Rate 9%
$842,011
$842.0K
Market Conditions
NOI Build-Up for 4,546 SF
Gross rent
$114.6K $25.20/SF
− Vacancy
−$6.3K −$1.39/SF
EGI
$108.3K $23.81/SF
− OpEx
−$32.5K −$7.14/SF
NOI
$75.8K $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%
$1,515,620
Cap Rate 7%
$1,082,586
Cap Rate 9%
$842,011
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$947.3K – $1.26M
NOI $75,781 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$975.2K
$853.3K – $1.14M
NOI $68,264 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,844 @ 7.0% cap · market cap 18.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,523
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 Quadplexes in Fort Lauderdale, FL
Properties on Market for Quadplexes in Fort Lauderdale
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Renovated quadplex with varied unit layouts, furnished rental setups, and on-site laundry accommodations.
Where is this quadplex located?
The property is located at 327 SW 20th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑unit property with two 3‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units; 3 of 4 units currently rented; Two furnished units arranged for Airbnb‑style rental use
