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3760 SW 1st St 6 Unit Apartment Building $1,248,990 ($208,165/Unit) 9.40% Cap Rate Fort Lauderdale, FL 33312
Investment Highlights
- Fully occupied, well-maintained 6-unit, two-story multifamily property offering stable rental income
- Strong rental demand and consistent tenant performance position the asset as a reliable investment
- Located in the desirable Melrose Park area of Fort Lauderdale with easy access to major commuter routes
- Convenient proximity to local retail, dining, and employment hubs enhances long-term leasing appeal
Executive Summary
Well-maintained 6-unit, two-story building located in the desirable Melrose Park area. Fully rented with performing tenants. Attractive property in a strong rental location.
All tenants are current and paying rent. Buyer to assume tenants at closing **NO SHOWINGS UNTIL EXECUTED CONTRACT**DO NOT WALK PROPERTY OR DISTURB TENANTS** -*INCOMPLETE OR VERBAL OFFERS WILL NOT BE PRESENTED OR RESPONDED TO**-------------------All details and measurements are approximate and should be independently verified. Information deemed accurate but not warranted. CALL OR TEXT EVAN FOR MORE INFO 954-770-0794
All tenants are current and paying rent. Buyer to assume tenants at closing **NO SHOWINGS UNTIL EXECUTED CONTRACT**DO NOT WALK PROPERTY OR DISTURB TENANTS** -*INCOMPLETE OR VERBAL OFFERS WILL NOT BE PRESENTED OR RESPONDED TO**-------------------All details and measurements are approximate and should be independently verified. Information deemed accurate but not warranted. CALL OR TEXT EVAN FOR MORE INFO 954-770-0794
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,248,990 | Building Class | C |
| Price Per Unit | $208,165 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 6,520 SF |
| Cap Rate | 9.40% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.76/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM-33.5 - Multi Family | ||
| Price | $1,248,990 |
| Price Per Unit | $208,165 |
| Sale Type | Investment |
| Cap Rate | 9.40% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,520 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | RM-33.5 - Multi Family |
Amenities
Unit Amenities
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 50-42-07-08-1530 | Total Assessment | $898,200 (2026) |
| Land Assessment | $48,910 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $839,910 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
50-42-07-08-1530
Land Assessment
$48,910 (2026)
Improvements Assessment
$839,910 (2026)
Total Assessment
$898,200 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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3760 SW 1st St
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