1275 SW 36th Avenue Fort Lauderdale, FL 33312

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.