3750 SW 1ST Street 1-7, Fort Lauderdale, FL 33312
$869,000 · $306 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $869,000
- Price per sq ft: $306
- Building size: 2,836 sq ft
- Lot size: 9,148 sq ft
- Zoning: RM-33.5
- Year built: 1958
- Units: 7
- Stories: 1
- Net operating income: $33,300/yr
- Cap rate: 3.8%
- Parking spaces: 9
- Parcel ID: 504207081540
- MLS#: B26097484
About this property
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%
Building Features and Utilities
- Electricity Available
- Sewer Available
- Water Connected
- Block
- Brick
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 1 Bedroom | 1 | — | — | — | — |
| 1 Bedroom | 2 | — | — | — | — |
| Efficiency | 3 | — | — | — | — |
| Efficiency | 4 | — | — | — | — |
| Efficiency | 5 | — | — | — | — |
| Efficiency | 6 | — | — | — | — |
| Efficiency | 7 | — | — | — | — |
28 units.
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Gross scheduled income | $54,000/yr |
|---|---|
| Gross income | $54,000/yr |
| Property taxes | $20,586/yr |
| Insurance | $3,800/yr |
| Maintenance and repairs | $2,400/yr |
| Supplies | $100/yr |
| Total operating expenses | $20,700/yr |
| Net operating income | $33,300/yr |
| Cap rate at asking price | 3.8% |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
United Realty Group Inc · pbrownell@urgfl.com · Listing agent: Alexander Samuel Glaser
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 3750 SW 1ST Street 1-7 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Before You Make an Offer
Selling an Apartment Building?
Multifamily buyers underwrite the rent roll, the occupancy, the expenses, the insurance and the capital needs, and many tell BreakThru Realty the size and location they are buying. If you own an apartment building, a broker can check it against those requirements before you list and prepare the operating history buyers and their lenders will ask for.
Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.
Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty
A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.
Questions About 3750 SW 1ST Street 1-7
- How much is 3750 SW 1ST Street 1-7?
- 3750 SW 1ST Street 1-7 is listed at $869,000, about $306 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is the cap rate on 3750 SW 1ST Street 1-7?
- The listing reports net operating income of $33,300 a year, a cap rate of about 3.8% at the $869,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
- What is 3750 SW 1ST Street 1-7 zoned?
- The listing reports zoning of RM-33.5. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 3750 SW 1ST Street 1-7?
- The listing reports 2,836 square feet of building.
- When was 3750 SW 1ST Street 1-7 built?
- 3750 SW 1ST Street 1-7 was built in 1958. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 3750 SW 1ST Street 1-7?
- The listing reports annual property taxes of $20,586 for 2026. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 3750 SW 1ST Street 1-7?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
More Commercial Listings Nearby
- 824 NE 16TH Street, Fort Lauderdale · Multifamily for sale · $1,229,000 · 3,344 sq ft
- 4317 NE 21st Avenue 1-9, Fort Lauderdale · Multifamily for sale · $2,250,000 · 6,057 sq ft
- 515 SW 3rd Avenue, Fort Lauderdale · Multifamily for sale · $9,995,000 · 1,162 sq ft
- 1150 NE 17TH Court, Fort Lauderdale · Multifamily for sale · $13,249,000 · 9,770 sq ft
- 637 NE 4TH, Fort Lauderdale · Multifamily for sale · $3,500,000 · 10,057 sq ft
- 426 NW 14th Avenue 1-8, Fort Lauderdale · Multifamily for sale · $1,325,000 · 3,648 sq ft
- 2904 N Ocean Boulevard 1-4, Fort Lauderdale · Multifamily for sale · $2,399,999 · 5,384 sq ft
- 1137 SE 6TH Terrace 1-8, Fort Lauderdale · Multifamily for sale · $2,300,000 · 2,997 sq ft
See every commercial listing in Fort Lauderdale or browse Florida commercial real estate.
Explore
- Fort Lauderdale Multifamily Properties for Sale
- Fort Lauderdale Commercial Real Estate
- Florida Multifamily Properties for Sale
- Commercial property for sale in South Florida
- Florida commercial real estate
- Investment sales and 1031 exchanges
- Investment properties and investor services
- Land for sale
- Fort Lauderdale real estate
- Broward County real estate
- Talk to a commercial specialist