7311 NORTH WEST 37TH ST #4, Davie
$1,199,000 USD
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Address | 7311 NORTH WEST 37TH ST #4, Davie |
Building Name | A J BENDLES |
Type of Property | Quadruplex |
Property Style | Quadruplex |
Price | $1,199,000 |
Property Status | Active |
MLS Number | A11883251 |
Living Area | 3030 |
Year Built | 1972 |
Parking Space Number | 6 |
Folio Number | 514103010091 |
Gross Rent Income | $78,000 |
Net Operating Income | $58,259 |
Zoning Information | RM-16 |
Days on Market | 7 |
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
State | Florida |
City | Davie |
County | Broward County |
Zip Code | 33024 |
Address | 7311 NORTH WEST 37TH ST |
Zip Code (4 Digits) | 1661 |
Financial Information
Price | $1,199,000 |
Price per Foot | $0 |
Folio Number | 514103010091 |
Gross Rent Income | $78,000 |
Net Operating Income | $58,259 |
Tax Amount | $11,781 |
Tax Year | 2024 |
Possession Information | Funding |
Full Descriptions
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. |
Roof Description | Built-Up, Shingle |
Floor Description | Other, Tile, Vinyl |
Cooling Description | Central Air |
Heating Description | Central |
Water Description | Municipal Water |
Sewer Description | Public Sewer |
Property parameters
Living Area | 3030 |
Zoning Information | RM-16 |
Year Built | 1972 |
Type of Property | Quadruplex |
Style | Quadruplex |
Building Name | A J BENDLES |
Development Name | A J BENDLES |
Construction Type | CBS Construction,Other |
Stories Number | 1.000 |
Street Direction | North West |
Parking Space Number | 6 |
Listed with | Fausto Commercial Realty Consultants Inc |