UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,074 sqft
Price per Sqft $482
Subdivision Breezyway Manor Sec
MLS Listing ID A12041646
Style Fourplex
HOA Y/N No
Year Built 1974
Annual Tax Amount $14,622
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
The value-add opportunity is clear: in-place rents average $1,500/unit against a market rate of $1,850/unit. Repositioning all four units to market adds $16,800 in gross annual income, lifting NOI to $65,878 and pushing the proforma cap rate to 6.59% — with no change to unit count or footprint.
Property features include recently renovated appliances, central A/C, a 6-year-old roof with proper maintenance, and public sewer service. Annual operating expenses total $22,922, inclusive of real estate taxes ($14,622), insurance ($3,500), water/sewer ($2,400), and maintenance ($2,400).
Priced at $482/SF and $250,000 per unit. Interior photos pending. Seller response time may be delayed — pre-qualified buyers are encouraged. All figures are owner-reported; buyer to independently verify prior to purchase.
Location
State FL
County Broward
Community Breezyway Manor Sec
Area 3331
Interior
Heating Central, Other
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block,Stucco
Others
Tax ID 504218120200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12041646
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