1275 36th Ave ,Other, Quadruplex, Breezyway Manor Sec for Sale

1275 36th Ave for Sale

Price $1,000,000.00

• Lot size 2074
• Year Build 1974
• Waterfront
• Zip 33312
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Four-unit multifamily investment opportunity in the established Sunset neighborhood of Fort Lauderdale. The property consists of four 1-bedroom/1-bathroom units within a 2,074 SF building on a 5,234 SF lot, zoned RD-15. All four units are currently occupied and leased, generating $72,000 in gross annual income with a current NOI of $49,078 (4.91% cap rate) at the $1,000,000 asking price. The value-add opportunity is clear: in-place rents average $1,500/unit against a market rate of $1,850/unit. Repositioning all four units to market adds $16,800 in gross annual income, lifting NOI to $65,878 and pushing the proforma cap rate to 6.59% — with no change to unit count or footprint. Property features include recently renovated appliances, central A/C, a 6-year-old roof with proper maintenance, and public sewer service. Annual operating expenses total $22,922, inclusive of real estate taxes ($14,622), insurance ($3,500), water/sewer ($2,400), and maintenance ($2,400). Priced at $482/SF and $250,000 per unit. Interior photos pending. Seller response time may be delayed — pre-qualified buyers are encouraged. All figures are owner-reported; buyer to independently verify prior to purchase.

BREEZYWAY MANOR SEC A 28-33 B LOT 20 BLK 7

Less Than 1/4 Acre Lot

Four-unit multifamily investment opportunity in the established Sunset neighborhood of Fort Lauderdale. The property consists of four 1-bedroom/1-bathroom units within a 2,074 SF building on a 5,234 SF lot, zoned RD-15. All four units are currently occupied and leased, generating $72,000 in gross annual income with a current NOI of $49,078 (4.91% cap rate) at the $1,000,000 asking price. The value-add opportunity is clear: in-place rents average $1,500/unit against a market rate of $1,850/unit. Repositioning all four units to market adds $16,800 in gross annual income, lifting NOI to $65,878 and pushing the proforma cap rate to 6.59% — with no change to unit count or footprint. Property features include recently renovated appliances, central A/C, a 6-year-old roof with proper maintenance, and public sewer service. Annual operating expenses total $22,922, inclusive of real estate taxes ($14,622), insurance ($3,500), water/sewer ($2,400), and maintenance ($2,400). Priced at $482/SF and $250,000 per unit. Interior photos pending. Seller response time may be delayed — pre-qualified buyers are encouraged. All figures are owner-reported; buyer to independently verify prior to purchase.

City:Fort Lauderdale,Zoning:RD-15,Heating:1:Other,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:26.1041314,Cooling Y N:1,Heating Y N:1,List Price:1000000,Listing Id:A12041646,Longitude:-80.195535,Mls Status:Active,Year Built:1974,Living Area:2074,Postal Code:33312,Street Name:36th Ave,Coordinates:1:26.1041314,Photos Count:10,Building Name:BREEZYWAY MANOR SEC,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3331,M L S Area Major:Breezyway Manor Sec,On Market Date:2026-06-23,Parcel Number:504218120200,Parking Total:4,Property Type:Residential Income,Stories Total:2,Street Number:1275,M I A M I R E_ Style:Fourplex,Public Remarks:Four-unit multifamily investment opportunity in the established Sunset neighborhood of Fort Lauderdale. The property consists of four 1-bedroom/1-bathroom units within a 2,074 SF building on a 5,234 SF lot, zoned RD-15. All four units are currently occupied and leased, generating $72,000 in gross annual income with a current NOI of $49,078 (4.91% cap rate) at the $1,000,000 asking price. The value-add opportunity is clear: in-place rents average $1,500/unit against a market rate of $1,850/unit. Repositioning all four units to market adds $16,800 in gross annual income, lifting NOI to $65,878 and pushing the proforma cap rate to 6.59% — with no change to unit count or footprint. Property features include recently renovated appliances, central A/C, a 6-year-old roof with proper maintenance, and public sewer service. Annual operating expenses total $22,922, inclusive of real estate taxes ($14,622), insurance ($3,500), water/sewer ($2,400), and maintenance ($2,400). Priced at $482/SF and $250,000 per unit. Interior photos pending. Seller response time may be delayed — pre-qualified buyers are encouraged. All figures are owner-reported; buyer to independently verify prior to purchase.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2026-09-23,List Office Name:Trustpoint Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3464,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:BREEZYWAY MANOR SEC,Tax Annual Amount:14622,Unparsed Address:1275 SW 36th Ave, Fort Lauderdale FL 33312,Listing Agreement:Exclusive Agency,Operating Expense:22922,Year Built Details:Effective Year Built,Building Area Total:2074,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:482.1601,Original List Price:1000000,Public Survey Range:50,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:49078,Syndication Remarks:Four-unit multifamily investment opportunity in the established Sunset neighborhood of Fort Lauderdale. The property consists of four 1-bedroom/1-bathroom units within a 2,074 SF building on a 5,234 SF lot, zoned RD-15. All four units are currently occupied and leased, generating $72,000 in gross annual income with a current NOI of $49,078 (4.91% cap rate) at the $1,000,000 asking price. The value-add opportunity is clear: in-place rents average $1,500/unit against a market rate of $1,850/unit. Repositioning all four units to market adds $16,800 in gross annual income, lifting NOI to $65,878 and pushing the proforma cap rate to 6.59% — with no change to unit count or footprint. Property features include recently renovated appliances, central A/C, a 6-year-old roof with proper maintenance, and public sewer service. Annual operating expenses total $22,922, inclusive of real estate taxes ($14,622), insurance ($3,500), water/sewer ($2,400), and maintenance ($2,400). Priced at $482/SF and $250,000 per unit. Interior photos pending. Seller response time may be delayed — pre-qualified buyers are encouraged. All figures are owner-reported; buyer to independently verify prior to purchase.,Listing Contract Date:2026-06-23,Originating System I D:miamire,Public Survey Section:18,Showing Instructions:Call Listing Agent,Street Number Numeric:1275,Tax Legal Description:BREEZYWAY MANOR SEC A 28-33 B LOT 20 BLK 7,M I A M I R E_ Current Price:1000000,Public Survey Township:50,Construction Materials:1:Stucco,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:2074,M I A M I R E_ Geographic Area:North Broward Us1 To Dixie Hwy (3311-3342),M I A M I R E_ Internet Remarks:Four-unit multifamily in Fort Lauderdale. 100% occupied. $1M asking. 4.91% current cap / 6.59% proforma. Value-add upside to $1,850/unit.,M I A M I R E_ Parcel Number M L X:0200,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$26.104118$-80.195513$133.01$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJQ3lzYlhLTVE.,Contract Status Change Date:2026-06-23,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:12,M I A M I R E_ Agent Alternate Phone:786-227-7287,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1275 SW 36th Ave,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:482.16,