3750 1ST #1-7 ,Multi Family for Sale & Rent

3750 1ST #1-7 for Sale & Rent

Price $869,000.00

• Lot size 9358
• Year Build 1958
• Waterfront
• Zip 33312
• Style
• Parking Description Assigned, Guest
• Pool Yes
• Status Active

Description

7-unit multifamily building located in Melrose Park. Fully rented long term tenants and all tenants are month to month. Units need updating to kitchens and bathrooms and needs new roof. Perfect value add property or immediate income producer. Buyer can assume 6% mortgage currently held by owner Total Monthly rent: $8,085 Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585 Total Yearly rent: $97,020 Total yearly expenses: $37,145 ROI: 6.9%

MELROSE PARK SEC 8 39-36 B LOT 3 BLK 8

City Location, Less Than 1/4 Acre Lot, Less Than 1 Acre

7-unit multifamily building located in Melrose Park. Fully rented long term tenants and all tenants are month to month. Units need updating to kitchens and bathrooms and needs new roof. Perfect value add property or immediate income producer. Buyer can assume 6% mortgage currently held by owner Total Monthly rent: $8,085 Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585 Total Yearly rent: $97,020 Total yearly expenses: $37,145 ROI: 6.9%

City:Fort Lauderdale,Roof:1:Composition Roll,2:Shingle,Sewer:1:Public Sewer,2:Other,3:Public Sanitation,4:Sewer,Zoning:RM-33.5,Country:United States,List A O R:BeachesMLS,Stories:1,Tax Year:2026,Latitude:26.1195372,Cooling Y N:1,Heating Y N:1,List Price:869000,Listing Id:B26097484,Longitude:-80.1985952,Mls Status:Active,Utilities:1:Sewer Connected,2:Electricity Available,3:Sewer Available,4:Water Available,Year Built:1958,Postal Code:33312,Street Name:1ST,Unit Number:1-7,Coordinates:1:26.1195372,Gross Income:54000,Lot Features:1:Less Than 1/4 Acre Lot,2:Less Than 1 Acre,Photos Count:16,Days On Market:1,Listing Terms:1:All Cash,2:Conventional,Lot Size Acres:0.21,Lot Size Units:Square Feet,M I A M I R E_ Area:3570,On Market Date:2026-11-06,Other Expense:7800,Parcel Number:504207081540,Parking Total:9,Property Type:Commercial Sale,Stories Total:1,Street Number:3750,Street Suffix:Street,Public Remarks:7-unit multifamily building located in Melrose Park. Fully rented long term tenants and all tenants are month to month. Units need updating to kitchens and bathrooms and needs new roof. Perfect value add property or immediate income producer. Buyer can assume 6% mortgage currently held by owner Total Monthly rent: $8,085 Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585 Total Yearly rent: $97,020 Total yearly expenses: $37,145 ROI: 6.9%,County Or Parish:Broward County,Documents Count:2,Expiration Date:2027-02-03,List Office Name:United Realty Group Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:3900,Parking Features:1:Guest,Postal Code Plus4:1096,Property Sub Type:Multi Family,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:20585,Total Actual Rent:54000,Unparsed Address:3750 SW 1ST Street # 7, Fort Lauderdale FL 33312,Insurance Expense:3800,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Operating Expense:20700,Security Features:1:No Security,Building Area Total:2836,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:9358,M I A M I R E_ Num Floors:1,M I A M I R E_ Num Meters:6,Original List Price:869000,Building Area Source:Appraisal,Documents Available:1:Copies Of Lease(S),I D X Participation Y N:1,M I A M I R E_ Num Tenants:7,M I A M I R E_ Num Toilets:7,Net Operating Income:33300,Number Of Units Total:7,Syndication Remarks:7-unit multifamily building located in Melrose Park. Fully rented long term tenants and all tenants are month to month. Units need updating to kitchens and bathrooms and needs new roof. Perfect value add property or immediate income producer. Buyer can assume 6% mortgage currently held by owner Total Monthly rent: $8,085 Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585 Total Yearly rent: $97,020 Total yearly expenses: $37,145 ROI: 6.9%,Listing Contract Date:2026-11-06,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Elect Lockbox-Call List Agent,Street Number Numeric:3750,Tax Legal Description:MELROSE PARK SEC 8 39-36 B LOT 3 BLK 8,Electric On Property Y N:1,Gross Scheduled Income:54000,M I A M I R E_ A C Percentage:100,M I A M I R E_ Current Price:869000,M I A M I R E_ Owner Agent Y N:1,Construction Materials:1:Brick,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Ft Ldale SW (3470-3500;3570-3590),M I A M I R E_ Parcel Number M L X:5042,Contract Status Change Date:2026-11-06,Internet Address Display Y N:1,Number Of Units In Community:7,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:8,M I A M I R E_ Acreage Description:1/4 Acre Or Less,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Parking Space Number:9,M I A M I R E_ Agent Alternate Phone:305-890-3933,M I A M I R E_ Approx Sqft Total Area:9358,M I A M I R E_ Property Description:MULTIFAMILY 2-9 UNITS,M I A M I R E_ Inc Exp Statement Period:2014,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:942360,Internet Automated Valuation Display Y N:1,