535 NW 13th Ave Fort Lauderdale, FL 33311
2,334 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,334 sqft
Price per Sqft $353
Subdivision First Add To Tuskegee Par
MLS Listing ID A12073375
Style Fourplex
HOA Y/N No
Year Built 1978
Annual Tax Amount $7,241
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
At the $825,000 asking price ($206,250/unit), current NOI is $31,600 for a 3.83% cap rate. Bringing all units to market rent of approximately $1,800/unit would grow annual income to $86,400 and NOI to $61,600, a 7.47% cap rate. Convenient access to major roadways, shopping, dining, and employment adds further appeal for investors and tenants alike.
Location
State FL
County Broward
Community First Add To Tuskegee Par
Area 3030
Zoning RS-8
Interior
Heating Other
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Architectural Style Fourplex
Level or Stories One
Structure Type Other
Others
Tax ID 504204060640
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073375
