Four-Unit Townhouse
For Sale
$1,190,000
3821 SW 13th Ct, Fort Lauderdale, FL 33312
Residential Income, Fort Lauderdale, FL
Property Size3,387 SF
Price / SF$351.34
Days on Market91
Property Features for 3821 SW 13th Ct
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
RD-15
Bedrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking
8
Subdivision
DAVIE BOULEVARD PARK
Lot features
< 1/4 Acre
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
Legal Description
DAVIE BOULEVARD PARK 23-6 B LOT 12 BLK 3
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
Listed By:
Erica Mizrahi · License #3239938
(305) 761-1612
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 16 at 3:06AM
MLS# A11928995
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.
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Investment Insights
Based on property information with market context.
This 3,387-square-foot quadplex contains four townhouse units, each configured with two bedrooms and 1.5 bathrooms. Built in 1977, the property features block construction, tile flooring, central heating, central air, and shingle roofing. Public sewer serves the property, and cable service is available.
The property is located at 3821 SW 13th Ct in Fort Lauderdale, just east of 441. Its setting provides access to major roadways, retail, dining, and employment centers. The four-unit configuration supports separate residential layouts within a single multifamily asset, with each residence offering a two-bedroom plan and one-and-a-half bathrooms.
The property is located at 3821 SW 13th Ct in Fort Lauderdale, just east of 441. Its setting provides access to major roadways, retail, dining, and employment centers. The four-unit configuration supports separate residential layouts within a single multifamily asset, with each residence offering a two-bedroom plan and one-and-a-half bathrooms.
Key Highlights
- Four‑unit townhouse configuration
- 3,387 square feet with four 2‑bedroom, 1.5‑bath units
- Block construction completed in 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,461
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,220
$1.1M
Cap Rate 7%
$806,586
$806.6K
Cap Rate 9%
$627,344
$627.3K
Market Conditions
NOI Build-Up for 3,387 SF
Gross rent
$85.4K $25.20/SF
− Vacancy
−$4.7K −$1.39/SF
EGI
$80.7K $23.81/SF
− OpEx
−$24.2K −$7.14/SF
NOI
$56.5K $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%
$1,129,220
Cap Rate 7%
$806,586
Cap Rate 9%
$627,344
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 authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Block-built property with tile flooring, central heating, and central air.
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: Four‑unit townhouse configuration; 3,387 square feet with four 2‑bedroom, 1.5‑bath units; Block construction completed in 1977
