Four-Unit Quadplex Residential
840 NW 3rd Street Fort Lauderdale, FL 33311
840 NW 3rd Street, Fort Lauderdale, FL, 33311
$649,000
For Sale
$649,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,090 SF
Lot Size0.17 Acres
Price / SF$310.53
Days on Market56
Property Features for 840 NW 3rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- RMM-25
- Bedrooms
- 8
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 3, Bathroom 3
- Pets allowed
- Yes, No
- Exterior features
- Lighting
- Standard status
- Active
- APN
- 504210120860
- Size
- 2,090 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FT LAUDERDALE LAND & DEV CO SUB BLK 6 FT LAUD 1-57 D LOT 17,18 BLK C
- Tax Annual Amount
- 11748
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Shingle
Listing agency
RE/MAX Preferred
(954) 396-5900
Listed by
Rachael A Barach · License #3095523
(954) 815-1418
Added: May 28 Updated: Jul 21 at 2:03AM Checked: Jul 22 at 2:06AM
MLS# B26034061
Copyright © 2026 BeachesMLS. 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 quadplex residential income property includes four individual units, each configured with 2 bedrooms and 1 bathroom. The total property size is listed as 2,090 square feet, situated on a 0.17-acre lot.
The offering is located at 840 NW 3rd Street in Fort Lauderdale, Florida (33311) in Broward County. The public remarks note proximity to Downtown Fort Lauderdale, FAT Village, Holiday Park, Las Olas Boulevard, Brightline, and Fort Lauderdale Beach.
Zoning is listed as RMM-25. This is offered for sale as a four-unit multifamily asset.
The offering is located at 840 NW 3rd Street in Fort Lauderdale, Florida (33311) in Broward County. The public remarks note proximity to Downtown Fort Lauderdale, FAT Village, Holiday Park, Las Olas Boulevard, Brightline, and Fort Lauderdale Beach.
Zoning is listed as RMM-25. This is offered for sale as a four-unit multifamily asset.
Key Highlights
- Brick four‑unit multifamily quadraplex built in 1958
- All units are 2‑bedroom, 1‑bathroom layouts (4 units total)
- Public water and public sewer connected
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 | $52.7k | $25.20 |
| − Vacancy | −$2.9k | −$1.39 |
| EGI | $49.8k | $23.81 |
| − OpEx | −$14.9k | −$7.14 |
| NOI | $34.8k | $16.67 |
2,090 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$497.7K
$435.5K – $580.7K
NOI $34,840 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$448.3K
$392.3K – $523.1K
NOI $31,384 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,314 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Quadplex with four 2-bedroom, 1-bath units on a 0.17-acre lot.
Where is this quadplex located?
The property is located at 840 NW 3rd Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Brick four‑unit multifamily quadraplex built in 1958; All units are 2‑bedroom, 1‑bathroom layouts (4 units total); Public water and public sewer connected
