Davie Triplex: Income
6590 Southwest 46th Street Davie, FL 33314
6590 Southwest 46th Street, Davie, FL, 33314
$899,000
For Sale
$899,000
Well-maintained triplex in Davie with long-term tenants and upside potential.
Property Size3,445 SF
Price / SF$260.96
Days on Market89
Property Features for 6590 Southwest 46th Street
General Information
- Standard status
- Active
- Size
- 3,445 SF
- Property subtype
- Residential Income / Triplex
Building Details
- Year Built
- 1978
Listing Agency
Carden Realty & Investment Inc
(305) 389-0020
Listed by
Bella Carcasses · License #0603893
(305) 389-0020
Source
Compass
Added: Apr 20 Checked: Jul 16 at 11:01 am
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 Carden Realty & Investment Inc
Investment Insights
Based on property information with market context.
This well-maintained triplex is located in Davie and features three identical units, each with three bedrooms and two bathrooms. Each unit has tile flooring and central A/C. The property is fully split with three separate electric meters and three separate water meters. All units are occupied by long-term tenants with leases extending into 2026. Current rents are below market value. The property is located near schools, colleges, universities, shopping, dining, worship centers, major highways, the Florida Turnpike, and the Seminole Hard Rock Hotel & Casino. The property size is 3445 square feet. This location supports tenant demand and long-term investment value. It is an opportunity for investors seeking a stable income-producing property with future rental growth potential.
Key Highlights
- Excellent income‑producing triplex in a prime Davie location with strong rental demand.
- Three large, identical 3/2 units, each with tile flooring and central A/C.
- Fully split with three separate electric and water meters, reducing operating expenses.
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 | $55.8k | $16.20 |
| − Vacancy | −$1.6k | −$0.48 |
| EGI | $54.2k | $15.72 |
| − OpEx | −$16.3k | −$4.72 |
| NOI | $37.9k | $11.01 |
3,445 SF · lease $16.20/SF/yr · vacancy 2.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$541.7K
$474.0K – $632.0K
NOI $37,918 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$500.4K
$437.9K – $583.9K
NOI $35,031 @ 7.0% cap · market cap 3.90%
Theoretical Best
Warehouse
$653.2K
$571.5K – $762.0K
NOI $45,721 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained triplex in Davie with long-term tenants and upside potential.
Where is this triplex located?
The property is located at 6590 Southwest 46th Street Davie, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Excellent income‑producing triplex in a prime Davie location with strong rental demand.; Three large, identical 3/2 units, each with tile flooring and central A/C.; Fully split with three separate electric and water meters, reducing operating expenses.
