Rare opportunity to acquire this fully occupied and very large 2-story fourplex in Davie at 7311 NW 37th St, featuring four spacious 2-bed / 1-bath units generating $78,000 in gross annual income with a pro forma of $105,000 at market rents. Recent upgrades

7311 NORTH WEST 37TH ST #4, Davie

$1,199,000 USD
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Address7311 NORTH WEST 37TH ST #4, Davie
Building NameA J BENDLES
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,199,000
Property StatusActive
MLS NumberA11883251
Living Area3030
Year Built1972
Parking Space Number6
Folio Number514103010091
Gross Rent Income$78,000
Net Operating Income$58,259
Zoning InformationRM-16
Days on Market7

Detailed Description: Rare opportunity to acquire this fully occupied and very large 2-story fourplex in Davie at 7311 NW 37th St, featuring four spacious 2-bed / 1-bath units generating $78,000 in gross annual income with a pro forma of $105,000 at market rents. Recent upgrades include a 3-year-old roof, new impact doors, updated electrical, and central A / C units, offering efficiency and low-maintenance ownership. With a large parking lot and prime access to I-595, I-95, and Florida’s Turnpike, the property is just 15 minutes from Fort Lauderdale-Hollywood International Airport and 20 minutes from the beach, delivering strong current income and excellent growth potential in a highly desirable location.

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Address Information
StateFlorida
CityDavie
CountyBroward County
Zip Code33024
Address7311 NORTH WEST 37TH ST
Zip Code (4 Digits)1661
Financial Information
Price$1,199,000
Price per Foot$0
Folio Number514103010091
Gross Rent Income$78,000
Net Operating Income$58,259
Tax Amount$11,781
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionRare opportunity to acquire this fully occupied and very large 2-story fourplex in Davie at 7311 NW 37th St, featuring four spacious 2-bed / 1-bath units generating $78,000 in gross annual income with a pro forma of $105,000 at market rents. Recent upgrades include a 3-year-old roof, new impact doors, updated electrical, and central A / C units, offering efficiency and low-maintenance ownership. With a large parking lot and prime access to I-595, I-95, and Florida’s Turnpike, the property is just 15 minutes from Fort Lauderdale-Hollywood International Airport and 20 minutes from the beach, delivering strong current income and excellent growth potential in a highly desirable location.
Roof DescriptionBuilt-Up, Shingle
Floor DescriptionOther, Tile, Vinyl
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area3030
Zoning InformationRM-16
Year Built1972
Type of PropertyQuadruplex
StyleQuadruplex
Building NameA J BENDLES
Development NameA J BENDLES
Construction TypeCBS Construction,Other
Stories Number1.000
Street DirectionNorth West
Parking Space Number6
Listed withFausto Commercial Realty Consultants Inc