Four-Unit Townhome
3821 SW 13th Ct Fort Lauderdale, FL 33312
3821 SW 13th Ct, Fort Lauderdale, FL, 33312
$1,190,000
For Sale
$1,190,000
MULTI_FAMILY - Other - Fort Lauderdale, FL
Property Size3,387 SF
Price / SF$351.34
Days on Market42
Property Features for 3821 SW 13th Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2
- Parking
- 8
- Standard status
- Active
- APN
- 504218050272
- Size
- 3,387 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- DAVIE BOULEVARD PARK 23-6 B LOT 12 BLK 3
- Tax Annual Amount
- 13262
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1977
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Keter Estates LLC
(305) 761-1612
2801 Greene St, Ste 6, DANIA BEACH, FL
Listed by
Erica Mizrahi · License #3239938
(305) 761-1612
Added: Jun 6 Checked: Jul 17 at 12:06 am
MLS# A11928995
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale property is a four-unit townhouse development featuring four separate, well-designed 2-bedroom, 1.5-bath townhomes. The configuration supports flexible use, allowing an owner to occupy one unit while renting the others. As presented, the homes are laid out for practical everyday living, with each unit operating as its own residence within the overall four-unit structure.
The property is located in Fort Lauderdale, just east of 441, with direct access to major roadways. The surrounding area is described as convenient to retail, dining, and key employment centers, which can support a broad tenant and buyer mix looking for day-to-day access to the broader market.
From an operating standpoint, the asset suits buyers seeking a small multi-unit setup that can be run as a full rental property or as a hybrid where one unit is occupied by the owner. With four independently functioning townhome residences, it offers a manageable scale for those evaluating residential income property ownership in an accessible Fort Lauderdale submarket.
The property is located in Fort Lauderdale, just east of 441, with direct access to major roadways. The surrounding area is described as convenient to retail, dining, and key employment centers, which can support a broad tenant and buyer mix looking for day-to-day access to the broader market.
From an operating standpoint, the asset suits buyers seeking a small multi-unit setup that can be run as a full rental property or as a hybrid where one unit is occupied by the owner. With four independently functioning townhome residences, it offers a manageable scale for those evaluating residential income property ownership in an accessible Fort Lauderdale submarket.
Key Highlights
- 1977‑built block construction with tile flooring throughout
- Four 2‑bedroom, 1.5‑bath townhome units
- Central heating with central air conditioning
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 | $85.4k | $25.20 |
| − Vacancy | −$4.7k | −$1.39 |
| EGI | $80.7k | $23.81 |
| − OpEx | −$24.2k | −$7.14 |
| NOI | $56.5k | $16.67 |
3,387 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$806.6K
$705.8K – $941.0K
NOI $56,461 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$726.6K
$635.8K – $847.7K
NOI $50,860 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,324 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four 2-bedroom, 1.5-bath townhomes designed for either owner-occupancy or rental operations.
Where is this quadplex located?
The property is located at 3821 SW 13th Ct Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 1977‑built block construction with tile flooring throughout; Four 2‑bedroom, 1.5‑bath townhome units; Central heating with central air conditioning
